I'm hoping that it is significantly more than the $2M raised last time. $5M would be good as it would give them about 12 months at the current burn rate but it does represent a substantial dilution (current MC about $20M). It might be difficult to get that amount without throwing in some options or otherwise selling their souls to get that over the line. All IMO and DYOR.
Ann: Trading Halt, page-17
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Last
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Mkt cap ! $5.504M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $132 | 26.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 7127398 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3718443 | 6 |
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| Last trade - 10.00am 05/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 17000 | ||
| Last updated 12.59pm 05/06/2024 ? | |||||
| BCT (ASX) Chart |