Unfortunately I feel the damage has been done.
best outcome at this stage is a full takeover at perhaps 20 cps.
they have no choice as I see it but to recapitalise the business with a huge equity raising (60-90 M) somewhere around the 10 cps share range. Once the funding is done it will likely trade sideways for a year or so until federation starts full production.
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $346.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 20.3¢ | $7.268M | 34.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 849629 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 750975 | 9 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMI (ASX) Chart |