May be they can get a progress announcement out before the cap. raise announcement - that would be better, if the progress is positive of course.
They must avoid at all costs going to market to raise at lows - it's a killer with dilution and lots of folk just sellout, especially when retail doesn't get to participate in the raise
Ann: Quarterly Activities and Cash Flow Reports - June 2023, page-33
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Mkt cap ! $52.91M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 521631 | 13.0¢ |
Sellers (Offers)
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|---|---|---|
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| RXL (ASX) Chart |