Its time to vote for a change, IMHO.
I can understand a company needing to raise capital to build its infrastructure.
But we are now producing income - and our margin is high.
And we had $152M at the end of last quarter (30 June 2023)!!!
Which was an increase of $50M (circa) from the previous quarter!!!
So why can't we borrow?
And if we have to raise, why NOT raise 50% and borrow 50%, to lessen dilution against current shareholders.
Its time to vote for a change, IMHO.I can understand a company...
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Last
11.8¢ |
Change
-0.013(9.62%) |
Mkt cap ! $257.1M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 11.8¢ | $1.964M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 5170089 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 837414 | 38 |
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| Last trade - 14.26pm 01/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |