What's another 240m shares.....
I am not at all surprised they were able to get insto's onboard. The company is cheap, but... then there will still be a lot of dilution ahead.
A shame the price is just above 2.5 year lows...
Still, they should have a good amount of cash to drill etc over the next 6-9 months. Still not sure how they are going to raise the $50-70m (debt of perhaps $80-90m also) they need to develop their project.
Ann: Institutional Placement and Share Purchase Plan, page-2
-
- There are more pages in this discussion • 3 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 CMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.43 |
Change
0.010(0.16%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.42 | $531.6K | 82.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 205 | $6.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 2986 | 24 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
