Thanks for the post Hodgie. I was thinking a raise now might be a good idea. But as you point out their cash burn is low.
Let em sweat and buy on market.
The company is kicking goals in a regular basis so they don’t need to worry about timing the raise from here.
Ann: Appendix 2A, page-17
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.5¢ | 29.0¢ | $1.805M | 5.903M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 193400 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1000 | 1 |
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| IMM (ASX) Chart |