Let’s see the reaction in the SP if we finally get:-
- a lead broker who releases research and coverage
- some on market support
- debt facility
My guess is 25-30c fairly quickly given they will be promoting how close they are to being CF+ and the fact the huge CR overhang would be removed
The sooner a new lead + roadshows and a debt facility is announced, the better. Should see a noticeable pop in SP
Ann: Leadership Transition - Appointment of Managing Director, page-13
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.888M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 258617 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 737341 | 3 |
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| Last trade - 16.12pm 16/05/2024 (20 minute delay) ? |
| SP3 (ASX) Chart |
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