This does not sound good.
According to a note out of the Macquarie equities desk, its analysts have retained their underperform rating and reduced the price target on this lithium miner’s shares to 19 cents. The broker has made the move due to concerns over the slower than expected ramp up of its Altura operation in Western Australia. In light of this and its shrinking cash balance, the broker believes that Altura will require a capital raising before the end of the year. This is likely to be dilutive to existing shareholders.
- Forums
- ASX - By Stock
- AJM Chart
This does not sound good.According to a note out of...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
Day chart unavailable