I like the theory and the positivity but that would be bad risk management. I'd say they are after another 2-3 million (least amount of dilution as possible) to see them through another 18 months. Hopefully after this they can borrow funds using an offtake agreement from the banks for a start up rather than another capital raise.
I like the theory and the positivity but that would be bad risk...
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Last
$2.87 |
Change
-0.120(4.01%) |
Mkt cap ! $1.202B | |||
| Open | High | Low | Value | Volume |
| $2.97 | $2.97 | $2.87 | $8.246M | 2.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 68874 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 11030 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BOE (ASX) Chart |