Disappointing given the last raising was completed to finish the DFS. Let's hope that the team can manage $9m over the course of the next six months and gets us to financing agreements/cornerstone investor with some cash so we have a fighting chance.
On another note, I think the price will rebound reasonably from $0.10. I have no doubt that good old Calibre Investments have manipulated the price down to get their SIs on board. If is wasn't such a pissy amount in the boarder scheme of things, it would be good to see ASIC look into their trading patterns over the last few weeks.
Let's hope a SPP follows so we can all top up another $15k.
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Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $81.19M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.5¢ | $235.2K | 5.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 345105 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 571500 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| TVN (ASX) Chart |