With no cap raise at the AGM last week, & mgmt still being high conviction on the UAE deal, to cap raise a week later with no contract execution will be a really poor showing from management. Can only assume they’ve got the contract & need the cap raise to ramp up production to meet the order. They have $4M so no need to rush a cap raise a week on if they haven’t got the contract. Watch this space.
Ann: Trading Halt, page-22
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Last
$1.90 |
Change
0.170(9.83%) |
Mkt cap ! $1.448B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.91 | $1.75 | $34.09M | 18.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 24525 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 2275 | 1 |
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