I agree with Tobes that a cap raise is imminent and that's why I sold out recently as previously disclosed.
In DW's interview he clearly stated that they will need to go to the market for funds if a JV/farm in does not eventuate. Currently there is nothing to suggest that they are even close. As such, chances are... we will have a cap raise. I hope for all holders that the terms are favourable. But yeah expect something within the fortnight.
DYOR
The ship 88e is sinking ......., page-46
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.039K | 519.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 363 | 994625227 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 101395656 | 19 |
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| Last trade - 09.59am 13/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |