Whilst I agree a raise should occur when the price is climbing, management are already heavily invested in the company. You can bet your ar## they are invested in maximising value for shareholders, because they are major holders themselves.
They have performed well until now (govt grant, approvals, offtakes, native title) and now they need to show they are worth their salt again by reversing the recent dip.
Ann: Sheffield Resources Placement and SPP to raise $19m, page-23
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Last
19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $118.4M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.8¢ | 18.0¢ | $25.49K | 129.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10009 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2000 | 1 |
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