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.
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $43.87M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 35.0¢ | $37.20K | 105.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56039 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 19052 | 2 |
View Market Depth
| Last trade - 15.00pm 27/06/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |