Correct me if I am wrong.
they have already issued a heap of capital this FY. I am not sure of the exact cutoff but I assume that they will have to get shareholder approval to issue more capital (to instos etc) unless they offer it to all existing shareholders.
I would be reluctant to put any more of my hard earns into a company at ~30c when I participated only a few months ago in a SPP for 6c _unless_ there were some good results.
they could be getting a JV partner, which could be considered a "fundraising" activity???
I guess we are all just guessing now. Time will tell.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $19.94M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $11.79K | 54.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2424 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 55503 | 2 |
View Market Depth
| Last trade - 11.27am 01/08/2025 (20 minute delay) ? |
| AMX (ASX) Chart |