The positive in all this, is that A$40M of working capital is equivalent to roughly 6mnths of operating costs...
It's a comfortable level of working capital for a now producer, and will provide flexibility in an aggressive ramp up.
Ann: $60m Institutional Placement to Drive Next Phase of Growth, page-7
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $393.6M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $288.5K | 2.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 2061280 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 3404817 | 27 |
View Market Depth
| Last trade - 10.05am 18/07/2025 (20 minute delay) ? |
| MEK (ASX) Chart |