Ord Min reckons the $30M cap raise isn't enough and ~$30M short to cover the Capex (i.e. Tailings Dam) and payables.
IF AIS can up production, lower costs, and increase their cash balance then that funding shortfall risk will reduce and AIS rerates.
Holding .......
Ann: DESPATCH OF RETAIL OFFER DOCUMENT, page-9
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $212.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.0¢ | $569.6K | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 288862 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 84769 | 5 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |