Capital raise just before a quarterly is due sends the wrong message for a loss making business.
I am not sure 52 cents for $35M is a good enough discount. The one positive is they dont expect to need to raise money for 2 years
Capital raise just before a quarterly is due sends the wrong...
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $140.4M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 52.0¢ | $4.985K | 9.586K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 1514 | 1 |
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| Last trade - 15.44pm 04/10/2024 (20 minute delay) ? |
| IMR (ASX) Chart |