All evidence suggests is a good reason:
1- they were very explicit about only needing a CR if a big order came (military, etc)
2- they have enough money in the bank for the foreseeable future
3- they are cash flow positive
4- they have explicitly said the low share price does not reflect where the company is at. So they would only do a CR at a significant premium
These are all based on publicly available announcements. I will look forward to the "important further information"
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.05M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.8¢ | $4.731K | 480.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56000 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 986958 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56000 | 0.009 |
5 | 1384000 | 0.008 |
6 | 3850194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 986958 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
0.017 | 15000 | 1 |
Last trade - 13.48pm 23/08/2024 (20 minute delay) ? |
AJX (ASX) Chart |
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