Agree, yes they will need to find the funds for estimated $1.5m re Future Element.
The CR likely to fund progress on other projects as well, plus working capital.
A company needs to be well funded just to get a look in with new projects
I reckon at least $10m to be raised via a placement to existing large shareholders and maybe smaller shareholders will also get the chance to participate
cheers
Ann: Trading Halt, page-6
Add CNQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $19.84M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.5¢ | $107.3K | 369.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7414 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 22258 | 1 |
View Market Depth
| Last trade - 15.44pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
29.5¢ |
Change
0.005 ( 5.36 %) |
||||
| Open | High | Low | Volume | ||
| 28.5¢ | 29.5¢ | 28.5¢ | 11526 | ||
| Last updated 12.34pm 20/05/2024 ? | |||||
| CNQ (ASX) Chart |