So looking at this, I thought "OK they've got nearly 5m in the bank, that'll see them through until they start getting some income."
But no, looks like they're going to raise $6.5m. At a price of 76c. Urgh.
Previously they'd waited until cash balance was $2m, though this also coincided with the first LOI with Sonic.
Ann: December 2023 Quarterly Activities Report and Appendix 4C, page-2
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Last
37.5¢ |
Change
0.015(4.17%) |
Mkt cap ! $58.86M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 36.0¢ | $12.40K | 33.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 104381 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 3883 | 1 |
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| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| PIQ (ASX) Chart |