Do you understand how a capital raise works? Its usually done with a 20% discount to current share price. So then the share price finds a new baseline at the lower price. Talga did cap raise at $1.45 in 2020. Its still trading close to that price. So without any real positive news will have to raise capital at lower price.
Ann: Mitsui Extends MOU with Talga, page-29
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $186.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 45.5¢ | 43.0¢ | $115.0K | 263.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18345 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 22101 | 4 |
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| Last trade - 15.10pm 10/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |