4c. Companies raise cash and then they burn cash. Always the same. When you don’t have cashflow from operations cash from sale of assets means little to the market except it removes the fear of further dilution which is a positive.
Ann: Godolphin to Sell Lewis Ponds and Mt Bulga for $11 Million, page-17
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $5.375M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $5.534K | 328.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1657330 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 213248 | 2 |
View Market Depth
| Last trade - 15.55pm 08/11/2024 (20 minute delay) ? |
| GRL (ASX) Chart |