Near term my understanding is no funding needed. Prima is cashed up. Springtree only recently injected some more cash as part of the termination. A few more million will come from the 2c options that should be converted as they are well and truly in the money. As we get down the final leg of the sprint home some funds will be needed, a lot, if we get to commercialisation. The US investors and Aussies will come good then imo.
I would hope that no funds will need to be raised until the stock is over 50c.
cheers
Near term my understanding is no funding needed. Prima is cashed...
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 297652 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 7500 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |