The company clearly had to move because of a burning fuse on this China money. They also have to pay $5m to NST in 3 weeks. They said they had to remove uncertainty, and they just did. The managements main job is to get the company funded and operating. The market is fickle. Six months ago, China were the only funders, Now everyone has their hand up. That was likely to happen imo. It’s been so cheap. The stock remains astonishing value. I bought more today anyway. They also got well oversubscribed. I’m just happy they got what’s needed.
Ann: Successful Capital Raising to Restart Paulsens, page-24
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Last
54.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $297.5M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.0¢ | 54.0¢ | $2.192M | 3.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35973 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 139533 | 14 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |