If you're prepared to make an investment into an exploration/development company then you should also be prepared to inject additional funds so the company can move ahead... no surprises here, $5mil cash as at Mar, cash burn of $3mil per quarter = cap raising a must. Just hope that the retail holders don't get diced in the process.
Ann: Trading Halt , page-8
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Last
$1.11 |
Change
-0.060(5.13%) |
Mkt cap ! $431.8M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.10 | $1.804M | 1.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 126606 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 14244 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |