They haven't borrowed from the Chair just yet, and they have guided Q4 will be cash positive so there's no need to raise or tap into debt. If they wanted to raise or tap into the money they would have already.
The question is whether they can go into FY25 being self sustaining or will they need to borrow eventually. With the way things are going unless operational leverage kicks in, they will need that chair money at some point. I am hoping to be wrong.
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8CO
8common limited
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2.4¢

They haven't borrowed from the Chair just yet, and they have...
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Last
2.4¢ |
Change
0.003(14.3%) |
Mkt cap ! $5.378M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.3¢ | $38.82K | 1.549M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1876 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 350000 | 0.022 |
1 | 50000 | 0.021 |
1 | 99970 | 0.020 |
1 | 263158 | 0.019 |
3 | 1050000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1876 | 1 |
0.026 | 289500 | 1 |
0.027 | 300000 | 1 |
0.029 | 59000 | 3 |
0.030 | 166666 | 1 |
Last trade - 14.21pm 01/08/2025 (20 minute delay) ? |
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8CO (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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