Coys always claim CRs are 'oversubscribed', but I don't see any issue in getting the money with the information released so far.
- $30M market cap
- JORC resource already from Caribou Dome
- Other reserves yet to be sampled
- 100% owned project
- Mining friendly location
- Not Management's first rodeo (legacy of successful project delivery)
- Assay results in the coming weeks
Granted $4M is a lot to throw into the pool, but if one looks at the current market depth, there is next to zero liquidity for others to take a stake. Hopefully this will add weight/volume to some share price ups and downs - i.e. successful sophs will hold but also make some available to other sophs who choose to enter on market.
Coys always claim CRs are 'oversubscribed', but I don't see any...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.37M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $6.259K | 894.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 8422115 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4413118 | 4 |
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| Last trade - 12.36pm 26/11/2024 (20 minute delay) ? |
| PXX (ASX) Chart |
