This company now has a decent stockpile of inventory, allowing them to meet the needs for large follow on orders. I expect them to top $2 again by October, off the back of one or two decent (US$10m + orders). Also upping the tech spend is smart as they will become more attractive to potential suitors. Finally Macquarie are coming on board- they are not there to just look pretty........
Ann: Successful Completion of $120m Underwritten Placement, page-21
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Last
$1.19 |
Change
-0.205(14.8%) |
Mkt cap ! $903.6M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.24 | $1.12 | $53.70M | 45.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 137264 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 216718 | 5 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |