I don't think so.
My hope is that when they do a capital raising, they get Weinerberger to buy close to the 15%. From here, the SP should keep climbing. If they can get the SP to 10 cents before letting WBR buy 15%, the 15% would equate to somewhere around $45m raised. This means that they can be fully funded for another 2 years and get some 110's built and start some real money coming in and some real contracts.
Ann: Change in substantial holding from BKW, page-14
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $115.4M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $11.08K | 434.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66960 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 3112112 | 9 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
2.6¢ |
Change
0.002 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.6¢ | 2.5¢ | 141026 | ||
| Last updated 15.25pm 24/05/2024 ? | |||||
| FBR (ASX) Chart |