unfortunately, this is now a very expensive shell.
They ran out of cash during the quarter and are drawing a loan from the largest shareholder.
They have no equity in their flagship project as they haven't exercised the option yet, which will cost a few mill.
What's the plan MDF? Convert the loan then what?
New project with a capital raise?
unfortunately, this is now a very expensive shell.They ran out...
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Last
12.0¢ |
Change
0.027(29.0%) |
Mkt cap ! $31.75M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 13.0¢ | 9.2¢ | $337.6K | 3.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 50000 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| FXG (ASX) Chart |