Sounds like they could have gone for more, but this is an excellent outcome
- SP trending up for the past few weeks
- working capital for ~2.5 times what was reported in the quarterly where $4.192M equated to 8.5 quarters
- 50c options... OK. Confidence?
- Because it was limited to $10M dilution limited that would have been the case for a higher issue.
A Goldilocks CR. Just Right IMO.
Sounds like they could have gone for more, but this is an...
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Last
24.5¢ |
Change
0.015(6.52%) |
Mkt cap ! $122.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.5¢ | 23.0¢ | $138.2K | 588.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3262 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 4194 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| ENR (ASX) Chart |