Only raising about $10m.
About 3.5 quarters of cash left after the raise.
Talga must be confident the SC decision will come this calendar year, negating the need for more raises at a low SP?
Because if 6 months goes by and there's still no SC decision, no doubt they'll need to raise again at an even lower price than today. Management would be acutely aware of this...
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.0¢ | 51.5¢ | $531.1K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3159 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 27969 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |