Likely done the half year financials and with the known costs coming up, the FTS liabilities (this is the unknown since June 2024 accts numbers) and the trade payables, plus C&M for RENARD could be looking stretched.
Flow through raises are great in boom times but become a massive burden when times are tough.
I will wait to see raise details before commenting on CE.
WR1 Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)