And its back to $2.48
That's like us going from 10c to 13.5c and back to 12c.
So are you encouraging a management team to ramp to raise cash?
Why does the SP need to be above the price for KLA or DGO to exercise options?
Have you actually talked to anyone from the company and asked any of the questions regarding financing?
Raising $6m from options is far from a fiasco. Some of us were up to in my case eyeballs in DEG (@gbgirl much funny anatomy) so exercising options required some to sell heads to convert knowing it would was causing an SP issue.
Now considering DGO chipped in $5m on structural, NNAM want equity vs cash for Indee and Top Drill choose 1/3rd equity as well for some of the drilling. Why are you stressing the rest will be at 10c?
About $15m raised (not including KLA) or 1/3rd of our market cap raised in the past 12 months on structural. Unusually share holders ended up with the greatest discount.
Conglomerates announcements have been a blessing that allow the share price to rise and the cash to come in to allow the structural to develop with much less dilution and it will be the cream.
@Golden Emu has made a prediction the sp will be 20c eom which is a big call have you ask him why?
He obviously must be confident in the fourth coming announcements so to answer your question do I think structural will increase the price, yes I do.
History says good results and new discoveries does this.
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$1.40 |
Change
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Mkt cap ! $3.115B |
Open | High | Low | Value | Volume |
$1.38 | $1.41 | $1.36 | $9.178M | 6.594M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 247 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.40 | 199327 | 9 |
View Market Depth
No. | Vol. | Price($) |
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1 | 98838 | 0.097 |
3 | 164295 | 0.096 |
4 | 79115 | 0.095 |
2 | 55000 | 0.093 |
1 | 100000 | 0.092 |
Price($) | Vol. | No. |
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0.100 | 100000 | 1 |
0.105 | 420062 | 7 |
0.110 | 220284 | 3 |
0.115 | 140300 | 4 |
0.120 | 158460 | 8 |
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