~ $3+ million in the bank, drilling this quarter, near term capital raising might explain the low liquidity and difficulty pushing past 30c???
I suppose I am suspicious about Cannaccord providing coverage. Definitely smells like a capital raise? I wonder what sort of discount a capital raise could look like. When they announced $6m raise in December 2011 the price was at 26.5c and they raised at 20c... its a pretty tough market today by comparison I would have thought... scary time to be running out of money. New announcement hasn't provided any steam which is dissappointing.
I like the management and Canada as a jurisdiction but waiting for the dust to settle on financing strategy with this new 'robust' project
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Last
5.7¢ |
Change
0.001(0.88%) |
Mkt cap ! $34.20M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.6¢ | $2.754K | 49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 276666 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 1418246 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 13.36pm 27/11/2024 (20 minute delay) ? |
JAL (ASX) Chart |