EOF 0.00% 4.1¢ ecofibre limited

Ann: Pause in Trading, page-11

  1. 515 Posts.
    lightbulb Created with Sketch. 112
    You all have no idea.
    It's a pause in trading not a trading halt, so they don't need to tell you what it's for.
    The company may be posting a NPAT but they still have high non cash earning and cash burn. Net cash flow is negative with about $7m being used last quarter and $16m remaining. Excluding other facilities, the company will need cash in the next 6 months and what better time to do it after the share price is over 200% up.

    Yes it could be anything, but of all things the most likely is a capital raising.
 
watchlist Created with Sketch. Add EOF (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
0.000(0.00%)
Mkt cap ! $15.53M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 408812 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 154546 2
View Market Depth
Last trade - 10.45am 15/07/2024 (20 minute delay) ?
EOF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.