"If management were so cautious with deals why did they sign thay last one pre readout????"
That's pretty easy to understand! They needed the funding. To acquire $10M in non-diluting finance, when the share price was only 7c, was a coup for shareholders.
Now that they are fully funded they can bide their time and be as 'cautious' as they want. For a micro cap start up, they are now in an enviable bargaining position.
Nina mentioned 1-2 years for further deals so you can take that as a guide that they are not going to rush things. However, if one or more of those potential deal partners pays up it could happen any time.
"If management were so cautious with deals why did they sign...
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Last
36.0¢ |
Change
0.025(7.46%) |
Mkt cap ! $197.8M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 36.3¢ | 33.5¢ | $3.801M | 10.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 378856 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
36.0¢ |
Change
0.025 ( 7.33 %) |
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| Open | High | Low | Volume | ||
| 33.5¢ | 36.5¢ | 33.5¢ | 5557634 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| DXB (ASX) Chart |