Well I have bitten the bullet today and subscribed for my new shares in the rights issue and a sh t load of shortfall shares.My reasoning being management are up to their necks in it topping up in the placement and fully subscribing to the rights issue while taking 50% pay cuts , they,re not doing that unless they can see a positive outcome. As Micky says it will eventually happen which is my belief as well, just hope within the next 12 months so my options a worth a motza.From the info I can gather there is still a major player very keen to buy los calatos in its current form, they are just trying to steal it , although they may have too come to the party if copper price keeps appreciating. The re jigging of los calatos has also had renewed interest with its potential for a much reduced capex which opens up a whole new list of potential acquirers.I will be interested t0 see how much gets raised next week , anything over a 30% take up in current climate is probably a bonus and I think management would expect this but anything well north of this could break SP stalemate to the upside.
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Mkt cap ! $9.648M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1117474 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 3284661 | 3 |
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No. | Vol. | Price($) |
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1 | 1117474 | 0.010 |
9 | 9327294 | 0.009 |
15 | 6813451 | 0.008 |
9 | 6461893 | 0.007 |
9 | 5046665 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 3284661 | 3 |
0.012 | 406020 | 3 |
0.013 | 500000 | 1 |
0.014 | 965428 | 3 |
0.015 | 151515 | 3 |
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