The "lost" $5.6m is largely just due to non-operating legal costs which were $10m, this is substantially decrease.
Excluding legal costs and company is cashflow positive so no need to complete a capital raise unless they were looking to buy another company which they could offer script.
I would suggest the company would first go into debt before doing a capital raise.
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Last
$2.27 |
Change
0.010(0.44%) |
Mkt cap ! $750.7M | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.30 | $2.26 | $1.417M | 625.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18834 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 10516 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| NXL (ASX) Chart |