Yes, the market is certainly waiting for some confirmation here and has no idea what to do prior to any news. As I see it, the fear of capital raise is worse than capital raise itself. For a unprofitable business, raising capital is essential for their survival. As long as the business focuses on its correct growth strategy and is on the right track, dilution is not a problem for me. The cost associated with short-term dilution will be paid back with great long-term growth opportunity.
Ann: Appendix 4C - Quarterly Cash Flow Report - 30 Sept 2022, page-7
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $123.8M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $144.8K | 1.211M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 683435 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 126569 | 5 |
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| Last trade - 12.09pm 03/10/2024 (20 minute delay) ? |
| TTT (ASX) Chart |