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Listing date | 07 December 2021 12:30 PM AEDT ## |
Contact details | https://www.americanwestmetals.com/ Ph: +61 8 6109 6653 |
Principal Activities | Mining (identifying prospective mineral exploration grounds within its projects and exploration and development of those prospective areas). |
GICS industry group | TBA |
Issue Price | AUD 0.20 |
Issue Type | Ordinary Fully Paid Shares |
Security code | AW1 |
Capital to be Raised | $15,000,000 |
Expected offer close date | 19 November 2021 |
Underwriter | Not underwritten. Canaccord Genuity (Australia) Limited (Lead Manager). |
This looks to good to be true! Got in on Thursday at 8.5c and some 20c Sep24 oppies at 2.6c. Nice to be in on the start of a run for a change. These guys have super high grade copper sulphide in thick interesections. Market asleep on this one
Goodonya for holding mate! Another nice rise today. Might be back to the IPO price in a few days at this rate. Talk of it being one of the highest grade resources in the world. No wonder its getting some more interest now. Good luck mateNice work Mervin,
Good result at the cricket.
I bought into these late January at 1/2 cent higher than today's close, only to watch it plummet to <5c, then a crappy cap raise.
It read too good to be true to me back then and looking back, it was obvious that waiting for a period was the best option.
I'm hoping they just concentrate on Storm and minimal spend on the rest.
The latest gravity results have certainly increased interest and the associated announcement is worth a good read.
See what comes of it.
What a day, almost finished on the high of the day with volume through the roof. Maybe 20c by the end of the week?
Issue Price | AUD 0.20 |
What a day, almost finished on the high of the day with volume through the roof. Maybe 20c by the end of the week?
People are gambling on the diamond drilling of the motherlode anomaly starting anyday nowIt's been an interesting fortnight of news for AW1 holders.
-A couple of "please explains" from the ASX,
-An 8% copper intersection.
- A 9.5c/share cap raising.
And now, 6 trading days after the 9.5c cap raise, we are at a share price of 19.5c with no additional news.
I don't know what to make of it all.
Maybe they just aren't very good at maximizing cap raisings.
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