I think it goes a long way to recapitalising the co.
Puts need for a CR away for say 2 years.
Pretty sure they won't pay a dividend.
I hope they just the money for development at Renison.
If they spend it on developing, doing a Nifty PFS or the like I'm selling. I've put up with a huge amount over the past three years but that would be the trigger for me to sell.
All IMVHO.
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |