$30m in new business.
Sounds like a lot....for a company capitalised at less than that amount.
Questions now are,
Who funds the working capital build that will be required over the next 6 months?
Some kind commercial lender, on not-overly-usurious terms?
Or does recourse get sought from shareholders for the dough?
.
Ann: Matrix Awarded Major SURF Buoyancy Contract, page-4
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Last
27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $60.42M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 27.0¢ | $932.0K | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 9623 | 1 |
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| Last trade - 16.11pm 29/07/2025 (20 minute delay) ? |
| MCE (ASX) Chart |