The market is clearly not valuing the business relative to others in other markets...but my thoughts are that everyone knows they will need additional capital in the next 6 months and are just waiting for the capital raising. Price always stays down before a raise. The only way I think they can counter this is to announce some sort of deal that gives them the working capital....or...??? Chances of a deal seem slim, so CR it is, then progress the science. It could be a long road before shareholders are rewarded without a left field event.
The market is clearly not valuing the business relative to...
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 (20min delay)
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Last
$1.13 |
Change
-0.020(1.74%) |
Mkt cap ! $659.0M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.19 | $1.13 | $187.3K | 162.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5698 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 938 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| PYC (ASX) Chart |