A cap raise is good but the size is the only factor. They have to draw on LDA by conditional covenant (not sure when)but market won't like that...
I think they should raise $200m at 90c as a goal and pay out LDA. After doubling market cap this year, holders may support that, and cashes them for the US.
2022 BRN Discussion, page-7228
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21.0¢ |
Change
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Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $610.1K | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 593140 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 560405 | 10 |
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