maybe…. Hmmm… likely even. Maybe the flowing oil will generate enough revenue to fund future capex? It should at least cover opex. As long as the CR is put to good use then no harm other than a bit of a blip in the SP. If they consolidate 20 to 1 and the SP is 4c they can raise at 3.5c, that’s better than the SP at 0.2c and raising at 0.1c!
Ann: WBE announces Rex-4 brought online - addendum, page-10
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $2.723M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $8.137K | 739.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1532206 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 796114 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBE (ASX) Chart |