And I’d add that if the expansion can be done with a 10m raise, when a couple of weeks ago they needed 15m, then either the ‘funding package’ contains a debt component, or yet again they’ve been able to reduce the amount needed in CAPEX. Hopefully the latter, but either way we aren’t talking big sums, and the potential rewards are huge as you point out @Happ.
And I’d add that if the expansion can be done with a 10m raise,...
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Last
5.3¢ |
Change
-0.002(2.75%) |
Mkt cap ! $45.42M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.1¢ | $13.15K | 250.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 192855 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
-0.002 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.3¢ | 5.1¢ | 74687 | ||
| Last updated 15.51pm 03/05/2024 ? | |||||
| CXM (ASX) Chart |