Probability of a capital raising in the next few months is increasing unless a big cash injection from a deal with a NEW partner eventuates.
The last two capital raisings in Sep 2014 and Dec 2015 occurred after the previous quarterly reports revealed cash balances down to $24m and $26m respectively.
According to SPL's Mar 2017 Quarterly Report the cash balance is likely to be around $26m by the end of June.
Just saying ...
BIG 2 months ahead, page-2
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $110.6K | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83046 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 30000 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SPL (ASX) Chart |