I too believe that DNK will go a lot higher than the 84.5c it is right now . All broker analyst reports rate it well above $1
In terms of E25....at just $1 with 9.5M shares that is obviously = about $9.5M
Now that is good money in anyones language...and even if it goes to $1.20 we are talkng about another 2 million dollars.
Perhaps the most imprtant thing to keep in mind is that E25 have shown a very strong resistance to capital raising which is wjhy there are still only a tiny 83M E25 shares on issue. The float was 70M and they have only done a CP once of 13M shares.
Therefore, I think all of this talk of a CR coming is incorrect. Sure if a cornerstone investor comes along like a JP Morgan etc they may take a chunk of money, but in my opinion it is more likely that they will sell off a chunk of DNk to raise the capital for the PFS and then maybe some moer for the DFS.
Lets face i,t they could sell a million DNK shares to fund each of the PFS and DFS and stll have about 7.5M shares left.
Despite some tough years over moer than a decade, to their credit managagement have held stong and not diluted the company much at all, and i expect that to continue especially whilst we aer in a stronger position than before.
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.5¢ | $82.41K | 317.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 76816 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 19999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2750 | 0.200 |
4 | 70708 | 0.195 |
5 | 27320 | 0.190 |
1 | 10810 | 0.185 |
2 | 77182 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 37089 | 1 |
0.215 | 16327 | 5 |
0.220 | 146382 | 1 |
0.230 | 338809 | 1 |
0.235 | 2148 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
E25 (ASX) Chart |