ASL 1.64% 93.0¢ andean silver limited

Just bought my first parcel @ 1.60. I suspect it will trade...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,299 Posts.
    lightbulb Created with Sketch. 243
    Just bought my first parcel @ 1.60. I suspect it will trade lower in issue period, but need to create optionality.

    To those wondering why ASL is trading lower, the number of shares on issue is being increased significantly while demand is likely up by less - and being absorbed into the capital raise.

    The escrow on Barminco holders until August 2019 seeks to minimise this effect.

    GLTAH

    Ash
 
watchlist Created with Sketch. Add ASL (ASX) to my watchlist
(20min delay)
Last
93.0¢
Change
0.015(1.64%)
Mkt cap ! $131.5M
Open High Low Value Volume
94.0¢ 98.0¢ 92.0¢ $793.6K 843.1K

Buyers (Bids)

No. Vol. Price($)
2 8629 93.0¢
 

Sellers (Offers)

Price($) Vol. No.
93.5¢ 4820 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ASL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.