They have raised $16 million in the institutional placement so cash at hand around $18 million currently. Would expect current retail placement to have large shortfall given current share price but if they can raise finance then they shouldn’t have a problem placing those shares subsequently. They do need to get the finance through.
They have raised $16 million in the institutional placement so...
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $60.98M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $56.70K | 1.425M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 663343 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 98807 | 3 |
View Market Depth
| Last trade - 11.01am 03/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
-0.002 ( 4.88 %) |
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| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 3.8¢ | 733911 | ||
| Last updated 11.13am 03/05/2024 ? | |||||
| CYM (ASX) Chart |