A couple of great paragraphs there 1ST1, not having enough cash for multiple projects is always an uncertainty going forward. First thing investors traders alike look for is, ' is there enough cash to proceed projects?'"My experience with other stocks, is that when management waits in the hope of raising capital at a higher price, it fails and they end up raising at a lower price due to traders and investors knowing that capital is going to be needed.
With all this capital now coming in, there is nothing to stop the share price from rallying, and it will be because capital has been secured for what matters to investors."
Ann: Trading Halt, page-134
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $167.7M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $24.63K | 182.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 528285 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 651165 | 8 |
View Market Depth
| Last trade - 10.09am 07/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
0.005 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.0¢ | 23000 | ||
| Last updated 10.17am 07/05/2024 ? | |||||
| ASN (ASX) Chart |