Acquisition of the solar farm was $8 mill - looking at the prospectus - 1.7 mill in cash + 1.8 mill in "exploration assets" = $11.5 mill in assets and trading 4 times this... While net cashflow will be negative for a couple of years and a fresh new cap raise is approaching to keep the business afloat. I think i am going to wait a while before i buy in - i do think that the green energy perspective will bring the price momentum up.
Ann: Pre-Reinstatement Disclosure, page-13
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $61.65M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 11.0¢ | $940.7K | 8.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7939 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 360107 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FHE (ASX) Chart |