Does Titomic really have the world's best technology in this field? If so, why is no one buying it?
There are two answers:
1) Businesses are not buying it because it's an unproven technology in the real world. They will want to complete additional tests.
2) Shareholders are not buying it because they know there's a very large capital raise coming to keep the business fully funded. The questions with this are, what size will the CR be ($18m is my guess) and will the CR be an entitlement offer or SPP or underwritten...
Ann: Titomic Partners with Defence Prime Thales for Soldier Systm, page-66
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Last
18.5¢ |
Change
0.020(12.1%) |
Mkt cap ! $189.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 16.5¢ | $384.6K | 2.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 226141 | 7 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| TTT (ASX) Chart |