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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$1.39 |
Change
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Mkt cap ! $3.289B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.37 | $2.234M | 1.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 42912 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 90020 | 25 |
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| DEG (ASX) Chart |