I'm not sure what is so bad about Capital Raising unless they are running out of money or have negative cash flow.
More money = faster production/extraction = faster result = faster & more revenue.
If I'm missing something please shed the light.
I think It is an opportunity for the company to grow and grab more shareholders and at the same time increase the company value with higher SP.
cap raising!!!, page-47
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |