CAZ 0.00% 1.3¢ cazaly resources limited

I don't quite understand the potential impact of the 6,000,000...

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  1. 24 Posts.
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    I don't quite understand the potential impact of the 6,000,000 additional shares issued as Compensation for JV Partners and Consultants. This could theoretically dilute the stock, yes? I understand its a very small issuance relative to total outstanding shares of 201MM.

    I like how much skin in the game management has. And I like that consultants and partners are being paid in stock. I'm concerned about a bigger capital raise.

    It seems like a $50MM Market Cap is a much more reasonable number.. Are we really looking at a 5X on this stock? I think both $CAZ and $CLA are potential 5X gains..
 
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Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $6.458M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $162 12.47K

Buyers (Bids)

No. Vol. Price($)
3 854453 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 550830 3
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Last trade - 11.17am 26/11/2024 (20 minute delay) ?
CAZ (ASX) Chart
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