A cap raise is good but the size is the only factor. They have to draw on LDA by conditional covenant (not sure when)but market won't like that...
I think they should raise $200m at 90c as a goal and pay out LDA. After doubling market cap this year, holders may support that, and cashes them for the US.
A cap raise is good but the size is the only factor. They have...
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $581.8M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 27.0¢ | $7.028M | 24.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1879470 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 752200 | 5 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |