Most of us closed out our short positions when the stock dropped to 40c although there were a few nervous periods prior to that.
Not sure there is as much value shorting here unless there is another cap raise coming.
Can anyone here that is bothered about the financials let us know if the debt covenant for the cash balance to not fall below USD35m is still in place?
If it is, then a cap raising will most likely be needed before end March 2024
Most of us closed out our short positions when the stock dropped...
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Last
$1.13 |
Change
-0.045(3.83%) |
Mkt cap ! $1.290B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.12 | $12.16M | 10.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 50650 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 124897 | 8 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.045 ( 4.33 %) |
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| Open | High | Low | Volume | ||
| $1.17 | $1.17 | $1.12 | 1447014 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| MSB (ASX) Chart |