yes Boysy, there is a bit of excitement here but they are going to raise 7million on top of any other deals they have in which they have pre sold of a portion of their newly awarded 'prized' asset.
look there may well be a price increase but it wont be quick,
frist they need money and as we know OBL will do anything to get that - must secure pay packet first!
then the time frame for all that is required is so far off - it will be at least six months before any seismic is done and then minumum for another six months(maybe even a year or two) to see any drilling
I wont be buying any of this until at a minimum the cap raise and dilution are sorted - will they even do a consolidation too?
CJ2K- no doubt holders were waiting for this ann but my point is - the SP wont go anywhere when they have to do a massive cap raise - we all know the cap raise is coming and the 'big' boys wont be on this until it is sorted.
I too watch with interest
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Last
2.5¢ |
Change
0.004(19.1%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $62.54K | 2.524M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 116309 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 67452 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
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EMP (ASX) Chart |