Unfortunately this business has a long working capital cycle, and they obviously didn't have sufficient cash + undrawn bank facilities to fund out the order book & bid pipeline. I doubt they raised $3m because they thought it was a great idea.
Ann: Trading Halt, page-6
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 172663 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 29969 | 1 |
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| Last trade - 16.12pm 07/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
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