This is terrible.
The last quarterly showed they were nearly out of money, even after the last big capital raise.
Now they are raising in dribs and drabs just to keep the lights on.
I hate to be a doomsayer, but this company is now in serious risk of going bust, especially if they are locked into big construction contracts they can't get out of. It should've been mothballed months ago.
Really sad to see a company with so much potential go down the gurgler.
Best cast scenario is Acuity sell of their latest stake, pushing the price even lower, and a predator makes an offer.
This is terrible.The last quarterly showed they were nearly out...
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $68.40M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 12.5¢ | $225.5K | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 184777 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 313422 | 18 |
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| Last trade - 13.42pm 30/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |