The raise was required to pay down debt as the MC triggers as per the loan agreement had been hit as @WhiteRhino has illustrated
Ann: $10M raising for multi-rig drilling and to extinguish debt, page-184
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Last
1.0¢ |
Change
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Mkt cap ! $8.683M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $7.415K | 816.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3432586 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2453585 | 8 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LCL (ASX) Chart |