DIO 0.00% $1.27 dioro exploration nl

has to raise capital 35mill, page-6

  1. 897 Posts.
    lightbulb Created with Sketch. 1
    its only my opinion but with dio stating they will try to raise $35mill, i think its going to be a bit of a sqeeze to get it in these market conditions.
    i noticed the share price drop to 12.5cents during the last few days and looked a bit shaky,, and if they try to place shares or arrange an issue then they may have to do it at 10c. if they do it at 10c the share price will fall.
    ive sold out of them today, and will watch what happens in the raising of funds.
 
watchlist Created with Sketch. Add DIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.