They also need to pay $3M in equity on top of the $9.7M cash. So one would hope the SP is higher than .08c.
For me - Indee $9.7M needs to be cleared up. That paves the way for the PFS, results from our better prospects, increase in resource and hopefully a higher VWAP by the time July comes around so the $3M in equity shares is not as bad.
Indee, page-28
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Last
$1.08 |
Change
0.013(1.17%) |
Mkt cap ! $2.612B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.10 | $1.08 | $1.533M | 1.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 248689 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 125452 | 32 |
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| Last trade - 11.37am 10/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |