I'd say this is very high probability given that the due date for the Stellantis equity investment was 30 June, we've gotten over the US$100m funding threshold required for this (GM + Acuity), & the fact that there would absolutely be no takers in a cap raise to fund HPMSM in the amount of capital that we need if Stellantis was going to drop out of their agreement with us.
A capital raising was always going to be required at one point to meet the US$290m capital investment required for the project. Expecting good news on Tuesday.
I'd say this is very high probability given that the due date...
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Last
25.0¢ |
Change
0.040(19.1%) |
Mkt cap ! $54.97M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 26.0¢ | 21.5¢ | $22.23K | 90.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 20000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |