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8.33%

13.0¢ de.mem limited

With all the raisings they need to prove there is a growing...

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BkrDzn

1,531 Posts.

265

03/12/19

12:45

Post #: 41767932
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Originally posted by stardestr0yer: ↑

They are raising 5mil @25c and more importantly was already half covered by a few strategic conerstones insto's. This CR blindsided me too BUT, i think with the latest $1.8mil win and with only 2.8mil it is possible that they will need to pay for a lot of the build upfront. You do not want to operate a company of this size with say 1mil in the bank. Also does not hurt to have money up you sleeve if you have another acquisition in mind.

Everyone just needs to remember that since the last 2 CR's, the shareprice has gone up after each of them and they are bringing insto's on board

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With all the raisings they need to prove there is a growing pipeline of bigger BOO deals by signing contracts. If they're raising for raisings sake (i.e. taking money whilst its on offer) and it doesn't support an uptick in realising business opportunities, market will punish in due course.

DEM Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.0¢		Change 0.010(8.33%)		Mkt cap ! $34.27M

Open	High	Low	Value	Volume
12.5¢	13.0¢	12.5¢	$2.395K	19K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	86582	2

View Market Depth

No.	Vol.	Price($)
1	1000	0.130
3	129999	0.125
1	102854	0.120
4	117082	0.115
1	9090	0.110

Price($)	Vol.	No.
0.135	86582	2
0.140	25874	2
0.145	50000	1
0.150	213192	4
0.160	184955	2

Last trade - 12.35pm 10/05/2024 (20 minute delay)

DEM (ASX) Chart