Why would they need another capital raising now? $10.6m in cash at Q3 end and only burning $500k a quarter at the moment.
They last raised circa $4m in November at 14c per share. Can't see them needing to go to market for more money for quite some time.
Would want the share price back closer to 20c too.
melton update long overdue, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $40.20M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.7¢ | $5.295K | 143.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 108896 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 989866 | 3 |
View Market Depth
| Last trade - 15.04pm 18/10/2024 (20 minute delay) ? |
| MEU (ASX) Chart |