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
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $40.62M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $23.72K | 109.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8292 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 32392 | 2 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
-0.005 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 22.5¢ | 21.0¢ | 191533 | ||
| Last updated 14.12pm 06/06/2024 ? | |||||
| MTC (ASX) Chart |