The Dec quarter there was $32.9M in cash - then the $21.2m at the end of the March Quarter. Assuming there is $10M in cash after June quarter.
At this SP level a min of $15M-$20M boost would be required. Lets hope its between 0.42-0.45 Cents. The dilation would be 47M - 48M extra shares added to the existing 380M. Not ideal, but not the end of the world with the unknown removed. Here's hoping the share price will be north of $1 at the end of September after the SC ruling. GLTA
Ann: Trading Halt, page-40
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $186.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 46.0¢ | 43.0¢ | $314.2K | 710.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10999 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 11793 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TLG (ASX) Chart |