Understand all the comments on Murray Meds. On the last rights issue was a 1.9million shortfall that was not placed so they would have to defer Murray Meds as they have to Jan 2022 to pay the 1.5 million.
I am adding to my holding as see this as a growth stock and when you look at balance sheet has been significant investment in land, plant and equipment of over 10 million in last year. IMO this might be the last CR for a while and I know someone made the comment that a finance shop made the comment they are disappointed as been told numerous times that the last capital raise would be the last . Question maybe if they did the job better and was not a shortfall of 1.9million we would not be in this situation .
Good luck and DYOR
Assets 2021 2020
Current assets 3,997,771 1,840,850
Non-current assets 13,312,217 3,351,248
Total assets 17,309,988 5,192,098
Ann: Trading Halt, page-30
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Mkt cap ! $20.61M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $114.3K | 7.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1714893 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.6¢ | 595616 | 2 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.6¢ | 1879554 | ||
| Last updated 15.42pm 06/06/2024 ? | |||||
| ECS (ASX) Chart |