Great feedback. Part of the problem for the share price is that ever since they provided the April ‘23 finance update (here: https://hotcopper.com.au/posts/67345054/single) the market has known a big equity raise is coming. That was when they flagged the 65% debt, 35% equity plan, with the share price hovering just below $6. It sold off heavily ever since, and any sort of upward pressure (like today’s) also gets sold down - because market knows another hefty raise is coming, this one the most dilutive of all.
Last year they said they were planning to have financing complete by the end of Q1, 2024. Clock is ticking.
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Great feedback. Part of the problem for the share price is that...
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$3.91 |
Change
0.050(1.30%) |
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Open | High | Low | Value | Volume |
$3.85 | $3.94 | $3.85 | $1.048M | 268.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 820 | $3.90 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.91 | 2725 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 820 | 3.900 |
1 | 3056 | 3.860 |
1 | 207 | 3.850 |
2 | 1770 | 3.810 |
1 | 1000 | 3.760 |
Price($) | Vol. | No. |
---|---|---|
3.910 | 2725 | 2 |
3.940 | 2000 | 2 |
3.950 | 10000 | 1 |
3.960 | 7000 | 1 |
3.970 | 5000 | 1 |
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