I'm not saying a Cap Raise will happen by any means, it is just my gut feeling.
They do have a reasonable amount of outgoings, so not sure how much cash they need.
Buyers are certainly lining up, and I wouldn't be selling at these prices, but someone has been.
I think it is bargain buying at these levels, one decent announcement of a new contract and this will fly well over 3 cents.
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Last
1.6¢ |
Change
-0.005(23.8%) |
Mkt cap ! $4.671M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.6¢ | $55.68K | 3.206M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1810069 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 354413 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| IFG (ASX) Chart |