They do placements at 22% ish to the vwap.
It's a bloody concern. Lets hope they are doing a CR to let mates in.
And really, what are they raising for?
They are low on cash. But they arent going to raise $50 mil. to do something meaningful.
The pessimist in me says it will be another $5mil @ 0.08 to keep the lights on.
Ann: Trading Halt, page-12
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Last
7.5¢ |
Change
-0.003(3.85%) |
Mkt cap ! $76.30M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 8.0¢ | 7.5¢ | $83.28K | 1.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 122426 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.8¢ | 83000 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
7.6¢ |
Change
-0.003 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 8.0¢ | 7.6¢ | 405524 | ||
| Last updated 15.54pm 22/05/2024 ? | |||||
| NTI (ASX) Chart |