They do not have much cash so it would have to be mainly a SGC script payment or they would have to do a CR .
If the CR was to all shareholders and underwritten it would probably have to be at a price significantly below the current SP .
We wait and see but I have some optimism because of the alignment the BOD have with other SH's and the frugal way they run the business.
I hope having REL as a participant instead of PCL does not cause problems in getting the program started at Alvares .
gltah
Ann: Trading Halt, page-4
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $3.005M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.658K | 886K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 17245455 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7167811 | 6 |
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| Last trade - 10.00am 05/11/2024 (20 minute delay) ? |
| AOK (ASX) Chart |