ADN should use the current share price to raise $50M at 20 cents
market cap is very large compared to required project CAPEX
such a situation is the opportunity to secure equity funding while the share price is high
examples of companies doing massive equity capital raising for CAPEX were SYR and SIR
General comments/chat, page-13119
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.7¢ | 1.5¢ | $106.1K | 6.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 851259 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2461117 | 4 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |