Raising capital is currently very difficult for small companies with high cash burn. We all know TTT will have to raise capital later this year. They'll have to offer a huge discount to attract either a big investor/institution or offer a rights issue to current beaten up shareholders... worse still, if they can't raise capital it could simply become insolvent and go broke - which has happened recently to other ASX listed companies. No wonder the share price is falling through the floor
TTT media, page-1072
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $141.5M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 13.5¢ | $226.7K | 1.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 182869 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 15750 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| TTT (ASX) Chart |