Hi Evidence
I dont understand that comment
$4.9m has gone out the door post June 30 and $4.5m has come back in. They are in a worse net position than they were at June 30!
They have utilised 60 % of their ability to raise capital on this "private placement" and now only have the ability to issue another 35m shares until they hold another EGM - as I understand it.
A further capital raise is definitely on the cards before the end of the year IMO unless they can get some cash flow from somewhere which seems unlikely?
GLTAH
News: NMT Neometals Announces $3 Mln Placement, page-5
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $82.78M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.0¢ | $189.6K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 52090 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 375122 | 8 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| NMT (ASX) Chart |