My guess is this is likely to be debt financing related, not share placement at this stage. Once they have debt in place they'll do a placement + SPP.
Above is pure speculation on my part.
Ann: Trading Halt, page-15
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Last
$1.19 |
Change
-0.028(2.25%) |
Mkt cap ! $2.864B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.21 | $1.17 | $3.361M | 2.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 152395 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 80368 | 37 |
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| Last trade - 15.44pm 02/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |