It's bitter sweet this raise. The size of the discount stings a lot, however it does come with somewhat of an encouraging program for the foreseeable future, albeit no specific dates/timelines...particularly the Indo trials.
Being such a significant and surprisingly large discount, is this a sign the funds are needed pronto and without delay, for a project right around the corner? Here's hoping positive announcements are to follow...
Ann: Placement & SPP to raise $10 million - Funded to FY26, page-14
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $104.2M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 47.5¢ | 46.0¢ | $49.67K | 106.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159816 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 26610 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RCE (ASX) Chart |