I really wonder if anyone is going to be silly enough to give AHZ another 20 million in a new cap raise now to get it out of trouble - when a few more days of trade could see the share price drop to the point that they could potentially take over the whole company for around that amount.
What use is it to point to revenue streams as a justification for getting more funds when the money is just being burnt so quickly? Would anyone here seriously consider lending them 20 million if you had it with the current track record?
EGM update, page-128
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Last
$15.71 |
Change
0.010(0.06%) |
Mkt cap ! $301.9M | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.01 | $15.49 | $3.254M | 230.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $15.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 700 | 2 |
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