They may have held off on a capital raising until the sp was higher. I can see them maybe raising $2m at 20cps as any deal will still need shareholder approval which takes us into June sometime. Maybe a short term director loan or something similar will suffice, though another 10m shares on issue is still ok imo
Ann: Quarterly Appendix 5B Cash Flow Report, page-5
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $29.55M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 14.5¢ | $29.37K | 193.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47208 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 10000 | 1 |
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| Last trade - 11.49am 09/10/2024 (20 minute delay) ? |
| MTC (ASX) Chart |