On third thoughts, I agree, it's a fund raising. Although the sp is low and it's not a great situation for raising funds, NKL will run out of cash by the end of the year at current expenditure rates. And I suspect they want to ramp up their exploration. So, they need money now. Most likely a placement. I hope so anyhow because that means there'e optimism on the part of the placees. Then some seriously good announcements.
I'm excited!
something big, page-16
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Last
2.9¢ |
Change
0.001(3.57%) |
Mkt cap ! $5.446M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 3.1¢ | 2.8¢ | $40.76K | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 132500 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 181283 | 1 |
| Last trade - 16.10pm 19/09/2024 (20 minute delay) ? |
| NKL (ASX) Chart |
Day chart unavailable