I think it's prudent to raise the money now. Could you imagine the dilution required if there was in fact another delay and they then tried a raise. Better to have it in the bag now rather than wait for a successful startup of the CDP. This is pioneering tech and who knows what could happen between now and (hopefully) eventual success.
Ann: Notice to Eligible Shareholders, page-8
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $77.08M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 32.0¢ | $58.30K | 173.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4213 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 9169 | 2 |
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| Last trade - 12.24pm 04/10/2024 (20 minute delay) ? |
| HZR (ASX) Chart |