Last raise was at 5c and if they can’t get it to at least a 8-10c level before the raise the dilution will hurt.
So I think either the Kaolin project transpires into something and capital injected with that which can bring an uplift to SP or they are probably looking for another project to bring capital in with it.
Very cheap still but they need to be able to execute something and follow up. The lag between each news flow that comes out means holders get bored and basically sell for other stuff that’s happening on the ASX. All imo
Last raise was at 5c and if they can’t get it to at least a...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.354M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 287881 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1528998 | 5 |
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| Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
| AX8 (ASX) Chart |
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