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
$3.98 |
Change
0.230(6.13%) |
Mkt cap ! $1.628B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $4.06 | $3.93 | $25.83M | 6.477M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15334 | $3.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.98 | 87070 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BOE (ASX) Chart |