Just for disclosure I sold out pretty much at open this morning.
The SBD delay was part of the reason. I was also surprised they are drawing down the CN. At 7c. I thought they had enough revenue to not need to yet. it will be pretty dilutive relative to the amount being raised. Finally, staffing costs will continue to be high given the new recruitments.
Macro issues are making me more risk averse also.
I still like the prospects and if possible will buy in again around 12c, but that may not happen.
Best of luck to holders. I hope the deals keep coming and it breaks the 18-20c resistance.
Milesy
Just for disclosure I sold out pretty much at open this morning....
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
70.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.9K | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| SCT (ASX) Chart |
Day chart unavailable