Not wanting to put any doubt out there but could these guys be sprucing a cap raise?
Last I looked it seemed we had enough cash and the burn rate was minimal. Unless they are planning an sales blitz and need some cash. It wouldn't really worry me if it was, they would be raising from a position of strength but I can't understand why they would need an advisor otherwise?
Ann: Adelaide Equity & Scintilla Capital appointed as advisors, page-14
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Last
70.5¢ |
Change
0.010(1.44%) |
Mkt cap ! $92.35M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 69.0¢ | $10.51K | 14.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101449 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 10000 | 1 |
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| Last trade - 12.53pm 15/11/2024 (20 minute delay) ? |
| PIQ (ASX) Chart |