Can someone help me out with Resolution 4 - Approval of 10% Additional Placement Capacity?
Archer has said today in its 1st Quarter Activities Report that it's well funded with approx $25.3 million in cash and no debt.
Why does it need to issue more equities with this placement?
Does this mean there's a corporate or group wanting to buy in?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
0.015(5.26%) |
Mkt cap ! $76.45M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 28.0¢ | $120.5K | 413.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41425 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 2401 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AXE (ASX) Chart |