this is what I thought
just think about what was the reason they did last CR.
need extra funding for extra drilling (RC drilling)
and what will be the reason for this CR (if there's one)?
the s/p has jump from about 3c a week ago to 10.5c (highest) today
so I say if we see CR now (before drilling results) then most likely the results are not too good
the management should know if it's good (the s/p will be much higher) then they will not raise capital now (even our s/p has go up a lot)
they can raise at much higher price after the results.
this is what I thoughtjust think about what was the reason they...
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Last
9.5¢ |
Change
-0.002(2.06%) |
Mkt cap ! $27.38M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.0¢ | 9.5¢ | $437.1K | 4.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 584836 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 110000 | 2 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
9.6¢ |
Change
-0.002 ( 1.03 %) |
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| Open | High | Low | Volume | ||
| 9.7¢ | 10.3¢ | 9.5¢ | 2955142 | ||
| Last updated 15.49pm 04/06/2024 ? | |||||
| RCR (ASX) Chart |