They had $217m in cash as of the 31 Dec...While an institutional Cap Raise may be on the cards, timing for is everything...why do this when the SP is retraced?
A far better strategy is to time the cap raise when the SP is around $12-$15 (which it will be)
No point undergoing a fire sale when you may not need the funds just yet
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Capital Raising. The elephant in the room., page-7
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Last
$3.01 |
Change
-0.040(1.31%) |
Mkt cap ! $3.898B |
Open | High | Low | Value | Volume |
$2.99 | $3.08 | $2.95 | $29.09M | 9.598M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 210458 | $3.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.01 | 248193 | 55 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 172000 | 3.000 |
17 | 259040 | 2.990 |
18 | 232334 | 2.980 |
20 | 206756 | 2.970 |
15 | 541940 | 2.960 |
Price($) | Vol. | No. |
---|---|---|
3.010 | 67123 | 33 |
3.020 | 124486 | 47 |
3.030 | 151975 | 21 |
3.040 | 227871 | 20 |
3.050 | 404146 | 22 |
Last trade - 15.17pm 21/07/2025 (20 minute delay) ? |
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ZIP (ASX) Chart |