Actually if you think abt it, now might just be the perfect time to raise when cu price at record high and momentum is strong. Look at SPR, it raised multiple times last 24 months and SP only kept moving higher all because gold price is strong. I think AC might use the cash for m&a down the track which would only grow $A1M into a bigger pure play CU stock on asx, and someone big will have to pay us a big cheque to buy us up.
Actually if you think abt it, now might just be the perfect time...
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $172.7M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.5¢ | $108.3K | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 219852 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 262 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| A1M (ASX) Chart |