Ohhh, ow!
Just followed my own advice and looked at the financials
According to the last quarterly report PEX will have $3.8m cash at Dec 31.
Capital raise is inevitable soon - unless I have missed something (please point out if I have!).
Another company I am following is fast approaching a similar situation and it's SP is beginning a descending death spiral.
This needs to be addressed very quickly imho.
AMEC Prospector Award 2019, page-11
Add PEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.25M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.5¢ | $1.697K | 11.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 113662 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 980 | 1 |
View Market Depth
| Last trade - 10.06am 02/05/2024 (20 minute delay) ? |
| PEX (ASX) Chart |