PH has shown that cash in the bank, long runway, x quarters of cash etc don't play into his decision making. He could launch a CR at any time and the 100mil available currently isn't going to last very long. I think you're absolutely right that a diminishing share price could make him move faster but has he ever really shown concern about the dilution from his raises?
A few billion shares at 4c isn't impossible.
Media Thread, page-13977
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.9¢ |
Change
-0.001(1.02%) |
Mkt cap ! $360.7M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.0¢ | 4.8¢ | $401.7K | 8.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 120 | 15302679 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 417742 | 37 |
View Market Depth
| Last trade - 15.57pm 17/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |