Fingers crossed that preliminary finance is secured by the end of this year. Otherwise I wouldn't be surprised if there is a substantial delay of the pipeline and/or funding via shareholder dilution. However, the appetite on the last cap raise from retail shareholders was not ideal. There could be further pain in 2022 but I still see some light in 2023 if the looming financing cliff/crunch can be solved. Current government grants would not stump up enough for required capex so a bailout there is highly unlikely. Private funding may be predatory at current valuations and low margins of the business.
I would rather miss some of the run up then punt on the current management in the current macroeconomic uncertainties.
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Fingers crossed that preliminary finance is secured by the end...
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $39.65M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.0¢ | $248.4K | 1.385M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27489 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 36775 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27489 | 0.175 |
4 | 87509 | 0.170 |
1 | 30000 | 0.165 |
4 | 148750 | 0.160 |
4 | 29157 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 36775 | 1 |
0.185 | 220000 | 2 |
0.190 | 88240 | 5 |
0.195 | 204653 | 6 |
0.200 | 287399 | 3 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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