“I wonder what the capital raising is for....wouldnt have thought they needed it unless there's a significant purchase coming “
Have you seen how much debt the company is carrying?
They are raising capital to do some running repairs to the balance sheet and also because, well, they can.
And would be dumb to not do so.
.
Ann: Trading Halt, page-5
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Last
$13.14 |
Change
-0.050(0.38%) |
Mkt cap ! $40.78B | |||
| Open | High | Low | Value | Volume |
| $13.17 | $13.19 | $13.04 | $54.55M | 4.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5395 | $13.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.14 | 58062 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| TCL (ASX) Chart |