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.
With no cap raise at the AGM last week, & mgmt still being high...
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Last
$1.96 |
Change
0.230(13.3%) |
Mkt cap ! $1.494B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.96 | $1.75 | $44.95M | 24.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 301 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 33034 | 8 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |