so to rerate to $0.5B MC how much cash do they need to raise to be able to rerate to $0.5B MC?
I did a quick calculation base on current MC of $282m and cash on hand say around $15m
then current EV is $267m, so they will need to raise $234m cash to rerate to $0.5B MC in your opinion.
Ann: Trading Halt, page-32
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Last
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Mkt cap ! $1.245B | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.70 | $19.74 | $1.328M | 65.59K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 106 | $19.97 |
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| Price($) | Vol. | No. |
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| $20.00 | 1 | 1 |
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Change
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| Open | High | Low | Volume | ||
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