Replying to my own post again - keeps me amused at least!!
Great outcome regarding the Capital Raising. Key points
1. Minimal dilution - 13,000,000 new shares
2. Clients of lead broker (Black Swan) - institutional and sophisticated investors so hopefully holding for the longer term
3. Management participated. Not sure to what extent - but always pleasing to see management putting their hard-earned on the line!!
For me this puts a floor under the price at 20c. Hasn't traded below this level for a long time.
I'm calling it - last chance at these levels as the next few months will be very busy. If the coal quality test work and yields at Crown Mountain prove up as expected then the current share price of 21c will seem like a bargain.
Regards
Doyle
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.20M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51000 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.180 |
1 | 20000 | 0.175 |
3 | 453169 | 0.170 |
1 | 70000 | 0.165 |
1 | 273348 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 43374 | 1 |
0.205 | 2394 | 1 |
0.210 | 50000 | 1 |
0.220 | 10000 | 1 |
0.240 | 70000 | 1 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
JAL (ASX) Chart |
Day chart unavailable