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
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $19.49M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.0¢ | $11.05K | 37.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1067 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 75 | 1 |
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| Last trade - 15.04pm 21/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.0¢ | 29.0¢ | 1097 | ||
| Last updated 11.58am 21/05/2024 ? | |||||
| CNQ (ASX) Chart |