The calm before the storm. Nifty C&M trimmed to $1m per month, Renison should be spinning at least $2m per month pre capex. The company had $14m cash at 30 June.
APAC are effectively calling the shots which I think means two things - 1. Nifty is gone; 2. they’ll limit the dilution. Worst case they raise via a rights issue underwritten by APAC IMO.
The calm before the storm. Nifty C&M trimmed to $1m per month,...
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Last
43.5¢ |
Change
-0.020(4.40%) |
Mkt cap ! $390.0M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.8¢ | 43.0¢ | $1.862M | 4.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76054 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 9761 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |