I'd have to agree with everyone. the cash burn must be hurting them. we get an average market update which I feel is recycled every 2 months & never really has any new news anymore, go up a few pips and get hit with cap raise.
they had a reasonable amount of cash last report so if they are ramping up production and the gold produced is not covering costs, I think we could be in trouble!
I hope there is some kind of exciting news on the back of this cap raise or I'm out!
Ann: Trading Halt, page-10
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $42.68M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.0¢ | $183.6K | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 320720 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 67142 | 2 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| KAU (ASX) Chart |