"Financing costs are expected to include financing broker fees, legal fees and other costs associated with securing the senior debt facility"
"On completion of the offer and taking into account existing cash reserves, the board believes the company will have sufficient working capital to achieve its stated objectives."
From my understanding; this implies that the remainder will be debt financed following the entitlement issue. Positive news. Sounds like no more capital raising or dilution beyond this.
"Financing costs are expected to include financing broker fees,...
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Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 867805 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 634685 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |