The calm before the storm. Nifty C&M trimmed to $1m per month,...

  1. 3,240 Posts.
    lightbulb Created with Sketch. 2152
    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.
    Last edited by Cashmeoutside: 02/09/20
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
53.0¢
Change
-0.015(2.75%)
Mkt cap ! $469.7M
Open High Low Value Volume
54.5¢ 55.0¢ 52.8¢ $744.0K 1.389M

Buyers (Bids)

No. Vol. Price($)
4 29994 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 31872 3
View Market Depth
Last trade - 16.14pm 23/06/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.