Can anyone here clear this up for me?
I bought into this company after the market update a few weeks ago showing an improved profit and an improved cash position in excess of $16m. I cannot then understand why they would have to do a capital raising at this point to pay bills. Bit hard to get my head around this as debt from the HY seems to be just over $4m.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
33.8¢ |
Change
0.003(0.75%) |
Mkt cap ! $41.71M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $138.5K | 410.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4379 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 66306 | 2 |
View Market Depth
| Last trade - 15.59pm 25/07/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |