I did not get a chance for the webinar today and after listening to it I would say highly likely scrip for the first payment.
If they are to go cold C&M then cheaper pick up before 31st Dec if they can get the DD done and BOD approval.
It would certainly buy some time and a healthy balance sheet if the cut backs are genuine to see them well into 2025.
Current SP would have another 33m SOI, the market is likely already pricing in 30-40m new shares.
I did not get a chance for the webinar today and after listening...
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Last
50.5¢ |
Change
-0.020(3.81%) |
Mkt cap ! $111.8M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 49.0¢ | $511.5K | 1.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 16174 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |