please correct me if I am wrong here but if the market cap is now $132m and $66m is cash from the latest raise ( so 50%) when the spend the bulk of that on redundancies, theoretically the share price could fall by the 50%. So why would I put in money now? I get that after the cost out it should rise again but that assumes this board and management know what they are doing which right now is a long bow. I think I’ll just wait.
Ann: Retail entitlement offer opens and despatch of offer booklet, page-9
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Last
$2.25 |
Change
-0.020(0.88%) |
Mkt cap ! $1.015B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.21 | $826.6K | 365.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 29145 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 39424 | 25 |
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| Last trade - 12.17pm 17/06/2025 (20 minute delay) ? |
| BVS (ASX) Chart |