I think they'll mainly pay off debt. Beyond that I doubt the explanation will be more detailed than working capital for Stockman/Jaguar. Raising $70 million does appear worth it to stop bleeding $17 million per year in interest payments. Shares on issue are likely to rise by around 50%...so 1 for 2 to avoid dilution.
I think they'll mainly pay off debt. Beyond that I doubt the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 540985 | 19 |
View Market Depth
| Last trade - 09.15am 20/06/2025 (20 minute delay) ? |
| AIS (ASX) Chart |
Day chart unavailable