as at the end of Q3, they had bugger all cash left. they'll get another $600K for Q4 but that will be burnt from the exploration works. They'll be tapping the market for capital again early Q1.
The company is at shell valuations. Almost all shell valuations require recapitalization in order to do anything.
CPO needs to be at least at $20mil MC. but who is going to mark their valuations up and make a market for cpo?
if they tapped into the acuity atm, then the stock is going to 2cent fast
as at the end of Q3, they had bugger all cash left. they'll get...
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Last
5.0¢ |
Change
0.002(4.17%) |
Mkt cap ! $8.269M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.9¢ | $43.60K | 875.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 60000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
0.002 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| 5.0¢ | 5.2¢ | 4.9¢ | 550411 | ||
| Last updated 15.02pm 26/04/2024 ? | |||||
| CPO (ASX) Chart |