How does this make any sense. 71m in cash last reported. They say it’s for working capital to fulfill customer orders- well they haven’t flagged or announced any large orders that requires upfront investment. Nothing mentioned in the results presentation.
They aren’t raising to repay debt as the debt we have has a full repayment penalty anyway so you might as well pay when due.
How does this make any sense. 71m in cash last reported. They...
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Last
$1.56 |
Change
-0.095(5.76%) |
Mkt cap ! $301.0M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.55 | $283.7K | 178.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 9093 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 956 | 7 |
View Market Depth
| Last trade - 13.59pm 06/05/2024 (20 minute delay) ? |
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Last
$1.56 |
Change
-0.095 ( 5.64 %) |
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| Open | High | Low | Volume | ||
| $1.64 | $1.65 | $1.55 | 19402 | ||
| Last updated 14.19pm 06/05/2024 ? | |||||
| EOS (ASX) Chart |