Acquisition of an explorer maybe? As per their last investor presentation, they had $18.5m cash on hand and a line of credit facility ready to be drawn too. If they raise cash on 17-18c that would be disastrous for the SP and also poorly timed IMO.
Ann: Trading Halt, page-10
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Last
42.5¢ |
Change
0.035(8.97%) |
Mkt cap ! $789.4M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 43.8¢ | 40.5¢ | $4.676M | 11.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25555 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 109998 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |