HI JD.
What do you think would happen if they happen to raise $10M, rather than the $5M ?
According to the calculation of issuing another 172M shares at 0.29c, would bring the SP to around 3.4-3.5c - Yes agree not ideal, but these investors whether it be individual, funds, brokers or corp's....I don't t think they would be interested in making a quick buck anyway.(IMO).
I mean if I was to participate in this, I definitely would not look at buying and selling, would rather hold till it goes back at least 3-4times, especially as to where the project is unto.
Anyway, that is my take on this.....
Ann: Trading Halt, page-278
-
- There are more pages in this discussion • 176 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $11.7K | 975.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 35271719 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 612037 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |
