Mikey,
I gave an opinion. Since when does that make you a bad bloke or a good bloke? All I suggested was I think it will be a capital raising and gave my reasons. No discussion about the fundamental quality of ZYL. Mate I know you're head deep in this but there's no need to lecture me when all I did was give an opinion on what the announcement might be.
As to net4g, last quarter the company's cash reduced by $600K, their staff costs alone were $400K so I don't know how it is that their burn rate is only $62K per month. Even if that was the case it still leaves their cash position as precariously low.
To me a placement sounds very logical.
this must be big .. trading halt .. cant wait , page-51
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $20.37K | 1.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 89 | 16986141 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 8485709 | 15 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AZL (ASX) Chart |