CRI 4.55% 1.1¢ critica limited

trading halt !, page-33

  1. 691 Posts.
    lightbulb Created with Sketch. 370
    No doubt people are going to look after their own interests in any deal...good on Dale for doing so.

    The salient question, though, isn't whether or not the company is being diluted, but rather, whether the up-sides that attend that dilution justify it.

    The up-side in this case seem to be the capacity to move ahead at speed with proving Big Wilson (without having to wait for DSO money to come in)...if the first drill result is confirmed, then this is a very substantial up-side (not only to future profits, but to the SP as well).

    The fundamentals for this company are just as strong post this capital raising as they were pre the raising...if not stronger. The tin, tungsten and ore are still there, waiting to be mined...and the money (and influence) coming from Dale improve the chances for a successful transition from exploration to extraction.

    Just my 2 cents.
 
watchlist Created with Sketch. Add CRI (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(4.55%)
Mkt cap ! $28.05M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $8.817K 829.1K

Buyers (Bids)

No. Vol. Price($)
27 10440324 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1735505 4
View Market Depth
Last trade - 14.08pm 01/11/2024 (20 minute delay) ?
CRI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.