Only raising about $10m.
About 3.5 quarters of cash left after the raise.
Talga must be confident the SC decision will come this calendar year, negating the need for more raises at a low SP?
Because if 6 months goes by and there's still no SC decision, no doubt they'll need to raise again at an even lower price than today. Management would be acutely aware of this...
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TLG
talga group ltd
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47.0¢

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $211.3M |
Open | High | Low | Value | Volume |
48.5¢ | 48.5¢ | 46.5¢ | $260.7K | 548.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 74135 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | 0.470 |
2 | 66437 | 0.465 |
10 | 196877 | 0.460 |
4 | 61496 | 0.455 |
2 | 82325 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 74135 | 5 |
0.485 | 147474 | 4 |
0.490 | 138206 | 9 |
0.495 | 197706 | 4 |
0.500 | 294366 | 11 |
Last trade - 12.20pm 16/06/2025 (20 minute delay) ? |
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TLG (ASX) Chart |