The share price probably didn't rise as much as expected last week as the rights issue was still open. The rights issue is a drag on the price as those holders who don't have enough cash to take up their offer, sell into the rising SP and use the funds to buy back in at the offer price of 0.14. With the offer now closed, I'm expecting the SP to rise from here as a news spreads and production begins.
Ann: Commencement of Operations at Derewo River, page-24
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Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $27.33K | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4737266 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 674741 | 2 |
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| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
