Not sure what the point of these tiny CR are?
Raisings annoy some holders, no matter the size, so I think it is like a bandaid - better to rip it off than delay it. Raise a chunk if you need money, not little dribbles.
A 6% equity increase doesn't materially affect anybody, so why do one to have a couple of million lying around? If I had to guess, they went over the R&D rebate revenue limit a quarter or two earlier than expected due to fast growth, but that meant a bit of a cashflow crunch as an expected R&D rebate didn't eventuate.
If this is the case, it will look great in 12 months time.
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.52M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 319904 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 43000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 319904 | 0.105 |
6 | 386970 | 0.100 |
1 | 75000 | 0.092 |
1 | 35000 | 0.091 |
1 | 11000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 43000 | 2 |
0.115 | 296808 | 3 |
0.120 | 610537 | 5 |
0.125 | 467951 | 2 |
0.135 | 23998 | 2 |
Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
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