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
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $1.126M | 8.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1562722 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 513500 | 8 |
View Market Depth
| Last trade - 16.17pm 18/07/2025 (20 minute delay) ? |
| MEK (ASX) Chart |