Cash reserves in inflationary times is not a good move unless they have plans lined to use it.
I don’t understand how the urgency of raising this much cash. Why couldn’t it be a rights issue?
They better use it in next 6 months and use it well.
Ann: Kiaka Owner Mining FS Update & Capital Raising Presentation, page-5
Add WAF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
-0.215(13.5%) |
Mkt cap ! $1.413B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.43 | $1.36 | $15.82M | 11.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17803 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 25269 | 4 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |