Looks a potentially good project with strong management. Probably an over reaction. As mentioned the funding would be the concern. Given they should have a very healthy cash balance ( can probably add the H1 cash generation to the year end ) and I think they have a debt facility ( and probably could expand). So maybe a mix of cash, debt, and placement. Even better if they can negotiate some deferred payments to reduce the impact of any placement.
Looks a potentially good project with strong management....
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Last
$1.65 |
Change
-0.023(1.35%) |
Mkt cap ! $1.782B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.68 | $1.64 | $6.952M | 4.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 49558 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 127250 | 57 |
View Market Depth
| Last trade - 14.11pm 21/05/2024 (20 minute delay) ? |
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Last
$1.65 |
Change
-0.023 ( 1.36 %) |
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| Open | High | Low | Volume | ||
| $1.67 | $1.68 | $1.64 | 924623 | ||
| Last updated 14.31pm 21/05/2024 ? | |||||
| GOR (ASX) Chart |