I believe the company have until end of March qtr or at best JUN qtr with their current cash position, unless the revenue really picks up, end of the year capital raising is a serious consideration and prudent. Then it’s a matter how much they need Vs cashflow and dilution at what share price….if it’s around the $1.5 like last time, I don’t think many of us would not mind too much given they have around 45million shares to offer without shareholder approval…
I believe the company have until end of March qtr or at best JUN...
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Last
52.0¢ |
Change
-0.050(8.77%) |
Mkt cap ! $203.5M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 51.5¢ | $1.080M | 2.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21197 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 4369 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| 4DX (ASX) Chart |