You've got to ask yourself, why raise only 40-50m? Why not 60, 80, 150? All things considered the raise seems modest and directed to a specific purpose. To me this signals confidence by management. If they were desperate they could have easily snuck in another 20m for working cap.
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Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $241.7M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.5¢ | 37.0¢ | $1.215M | 3.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 39454 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 80079 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| NVX (ASX) Chart |