Perusing over this report they need another credit raising and quickly,they did say previously they wouldn't need to carry out a raise or placement but cash could be hovering ~27-30mill not enough to run this operation.Should be able to secure 45mill with current market cap with 10 mill immediately drawn down on costs payments to suppliers,Question is "if they do" what will the shares be offered at could be around 12c ?
Need another raise
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Last
4.5¢ |
Change
0.001(2.27%) |
Mkt cap ! $81.28M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.4¢ | $200.0K | 4.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127962 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 97414 | 1 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.6¢ | 4.4¢ | 563170 | ||
| Last updated 15.58pm 20/05/2024 ? | |||||
| AMA (ASX) Chart |