Yes I read it the same way so the important Qs are
- how much CR/dilution did we just do to get this deal across the line?
- does debt level stay constant or increase?
I expect we will know today/tonight because DR will want to discuss this at his 4:30pm WA time presentation.
One thing is for sure, the market should no longer be looking at CAI as a 50/50 survival proposition. However expensive or otherwise, this deal will mean that CAI is comfortably generating cashflows across the whole company from now on.
Yes I read it the same way so the important Qs are - how much...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $91.36M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $114.2K | 911.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1180827 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 83790 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
-0.005 ( 5.88 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.0¢ | 451652 | ||
| Last updated 15.21pm 06/05/2024 ? | |||||
| CAI (ASX) Chart |