Prediction....... As a result of debt facility discussions, and in the wake of great results, some sophisticated investor/s have come out of the woodwork and said "dont go further into debt, we got this".
These guys are located in Silicone Valley. It was bound to happen at some stage. This is how it goes. Potentially the equivalent of round 3 fund raising: Round 1 with Angel funding from VCs, Round 2 on the ASX, built up the company and see incredible growth, Round 3 the VCs come sniffing around again. Just my opinion, but with a little research behind it.
Ann: Trading Halt, page-27
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.271M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $17.16K | 85.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31885 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2724 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CML (ASX) Chart |