Hopeful. If they can carefully and authentically communicate with the market that will help matters. The above as you've described could look like a lights on raise in the guise of a "we need the money to make the most of all these growth opportunities" raise. Many a company sells their lights on raise as a great opportunity raise, (I'm not saying BMT are doing that) the market can be sceptical. Hence the need for excellent comms.
Ann: Trading Halt, page-11
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Last
22.0¢ |
Change
-0.015(6.38%) |
Mkt cap ! $66.13M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $46.24K | 202.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48642 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 34820 | 2 |
View Market Depth
| Last trade - 14.11pm 24/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.015 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.0¢ | 22.0¢ | 50800 | ||
| Last updated 13.52pm 24/05/2024 ? | |||||
| BMT (ASX) Chart |