I don’t understand your logic? The company clearly has the funds to be progressing works without capital raising and the further dilution of shares. As todays announcement shows resources from the last cap raise are being allocated from the diamond program and channeled towards the needles project hence the planned extra works. So with all this positivity within the company why would the friends and family deliberately stunt the share price - would you not think that they would want to maximise their profits like any other investor would?
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I don’t understand your logic? The company clearly has the funds...
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Mkt cap ! $16.11M |
Open | High | Low | Value | Volume |
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---|---|---|
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No. | Vol. | Price($) |
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1 | 145063 | 0.038 |
1 | 60000 | 0.035 |
2 | 24000 | 0.034 |
2 | 338942 | 0.032 |
1 | 33200 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 14000 | 1 |
0.048 | 69767 | 1 |
0.049 | 11133 | 1 |
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