I don't think so. A cash balance of $2.4mil when they used $1.4Mil for the last quarter.
I assume the repayment terms on the bank facility aren't ideal. Might as well dilute shareholders and give shares to a fund. Sadly that's what they do.
Next to no chance of a SPP to retail investors.
I still say their product is too expensive for a 500ml bottle and I doubt it's anything that spectacular to what you can buy out of Scotland.
Ann: Trading Halt, page-4
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Last
$1.17 |
Change
0.000(0.00%) |
Mkt cap ! $123.0M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.18 | $1.16 | $65.61K | 56.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19794 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 23888 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LRK (ASX) Chart |