It’s pretty clear Capricorn want a whole lot of customisations that SPX Doesn’t have the funds to build. It’s not unusual for a large client to fund their customisations via equity. It’s a win/win. Therefore I’d be pretty confident Capricorn will take up the equity. The short term downside of this is it pushes cash flow positivity out and restricts what they can do for new clients. But long term it can only be good to have a major client holding 10%.
It’s pretty clear Capricorn want a whole lot of customisations...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.27M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $28.46K | 3.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 7475416 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5059600 | 17 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |