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
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $1.931M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $24.99K | 3.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4073506 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 694561 | 4 |
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| Last trade - 13.55pm 18/06/2025 (20 minute delay) ? |
| IFG (ASX) Chart |