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
25.5¢ |
Change
0.010(4.08%) |
Mkt cap ! $48.18M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 27.0¢ | 24.5¢ | $141.8K | 556.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52887 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 6100 | 1 |
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| Last trade - 15.58pm 14/06/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.010 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.5¢ | 24.5¢ | 117956 | ||
| Last updated 15.58pm 14/06/2024 ? | |||||
| MTC (ASX) Chart |