My gut feel is that they'll roll the short term facility out and into a slightly larger long term facility. i.e. $1m off and ~$2-3m on. Maybe a small ~$1m placement. I'd be surprised if they go for much more than $2-3m net given that O3 is not committed yet. Success at O2 likely results in a share price re-rate of sorts and increased flexibility.
My gut feel is that they'll roll the short term facility out and...
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Mkt cap ! $6.383M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.054K | 508.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 11 | 5304380 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 305646 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 1000 | ||
| Last updated 15.39pm 03/05/2024 ? | |||||
| MEL (ASX) Chart |