SVM 1.89% 81.0¢ sovereign metals limited

Earnings per share are diluted by the issue of new shares. SVM...

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  1. 1,065 Posts.
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    Earnings per share are diluted by the issue of new shares. SVM does not yet generate any profits. The big investors will not sell the 60 million shares. They will not further burden the market capitalisation. It is possible that small investors will sell their shares. However, only a maximum of 1 million shares will be issued. The share price should not fall as a result. The CR is carried out here to achieve further milestones (DFS, Rutile Exploration, etc.). In this case, the additional capital will represent added value.
    Last edited by Bützbuster: 13/02/19
 
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Last
81.0¢
Change
0.015(1.89%)
Mkt cap ! $380.9M
Open High Low Value Volume
79.5¢ 81.0¢ 79.0¢ $209.6K 262.8K

Buyers (Bids)

No. Vol. Price($)
1 222 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 98115 4
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
SVM (ASX) Chart
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