I'm hopeful that management/ the board and the business itself are capable of getting through this without resorting to a cap raise!
When extra funds were tapped from pioneer it was done at the right price and the right time, doing one now would be disastrous!
Given the previous guidance with inventory on hand and cash on-hand and outstanding I would imagine this should hold the company in good stead. Any new inventory ordered would have been specifically to help with the current needs, anything else would be put on hold or delayed due to shipping and inability to acquire.
To me I see many positives, major/all customers won't be stopping (I understand elective surgery is on hold, a negative), a chance to rid the company of some incapable staff and favourable lending conditions from the banks.
This is rather speculative on my behalf, but from where I sit it's how I see it. Time will tell if I'm anywhere near correct...
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Last
43.0¢ |
Change
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Mkt cap ! $720.0M |
Open | High | Low | Value | Volume |
43.0¢ | 44.0¢ | 43.0¢ | $72.61K | 168.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 35708 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 125199 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 124057 | 0.425 |
3 | 105191 | 0.420 |
2 | 11981 | 0.415 |
1 | 2260 | 0.410 |
3 | 137524 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.430 | 37595 | 1 |
0.435 | 125199 | 3 |
0.440 | 493642 | 8 |
0.445 | 260275 | 5 |
0.450 | 403993 | 12 |
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