Nice to see a bit of demand back and plume going through after a quiet week lst week. Morningstar upped their target price from 7 to 9 cents this week.
still seeing around 270 vehicles on the platform so no major delivery of vehicles yet. The cap raising that was talked of suggested completition in the June quarter so news to flow in the next few weeks.
The listed 6 cent options are largely held by the top 20 and if exercised would bring around $2.2m, would be a great result to get those over the line.
I wonder what dollar amount needs to be raised to meet the requirement of the latest facility . from memory a condition for the second tranche of 6 mil was a capital raise but no mention of amount.
CL8 Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
