i feel like this ATM withdraw Ann is not that bad.
1, total amount is becoming much less than previous withdraw, further cash injections should be closer than last withdraw. Based on the cash burn rate, I guess 2/3 weeks maxi. It also tells our management is now micro managing our cash position to avoid excessive capital dilution.
2, at a premium price
Should be close to the funding Ann team. Be patient I guess. Current price is pointless to sell anyway.
i feel like this ATM withdraw Ann is not that bad. 1, total...
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $112.9M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $566.6K | 3.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 52190 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 102493 | 4 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |