BVS bravura solutions limited.

I don't understand why they felt the need to raise 80 million if...

  1. 469 Posts.
    lightbulb Created with Sketch. 19
    I don't understand why they felt the need to raise 80 million if we're sitting on 88m cash as of December 2023. Seems like all that cash was raised to just sit in the bank + destroy long term SH value. I thought a large chunk of it would be used in the restructure costs.

    Still great news though, I should stop being sour about BVS as some money back in the pocket is better than the SP sitting at 30 cents. It's just so frustrating that averaging down at that price was almost unthinkable given the history.
    Last edited by Gaz96: 20/02/24
 
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Last
$2.27
Change
-0.090(3.81%)
Mkt cap ! $1.017B
Open High Low Value Volume
$2.35 $2.35 $2.25 $1.393M 609.0K

Buyers (Bids)

No. Vol. Price($)
4 8000 $2.25
 

Sellers (Offers)

Price($) Vol. No.
$2.28 8390 1
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
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