ALY 0.00% 0.7¢ alchemy resources limited

I had a thought overnight that maybe the trading pattern had the...

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  1. 11,557 Posts.
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    I had a thought overnight that maybe the trading pattern had the purpose of creating a VWAP for a SI CR at 2c, but then I wondered why then would the co, in the Preso, promote that it has $1.2m in the bank etc.

    So that thought faded this morning.

    Then I thought about the capacity to issue without involving shareholders and also the need for money in the near future - more fading.

    The capacity under R7.1 is 24.818m and under R7.1A it's 22.878m. If both were to be utilised then at 2c that would raise $950k. That would not be worth the effort imo and the dilution imo; and besides what would it be used for? Then I read this at the end of the QAR:

    alchemy.JPG

    Now that seems quite ambitious doesn't it! I thought that it would have been satisfied with these 2 new ventures, but apparently not. Now, where's my thinking cap? $950k would not satisfy that sort of hunger. Will NST become a force behind the scene in order to satisfy those wishes and plans?
 
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Last trade - 10.22am 27/11/2024 (20 minute delay) ?
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