If you have a listen to the podcasts I have posted tonight Pony Dave gives his assessment of when he believes they MIGHT need a raising.
He makes the point that they hope to have a Farm-in signed up before any required raising BUT he says he's tending towards a raising atm given how tight it will be between them getting low on cash and a Farm-in.
IF the market continues the current re-rate then the potential dilution is going to be fairly minimal imo.
d.
Capital Raising, page-4
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $27.03K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 359 | 956509315 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 8325743 | 6 |
View Market Depth
| Last trade - 14.55pm 08/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |