I reckon they may go to the market to get some capital after some good results, yes. That or the March quarter and onwards their production delivers more free cash flow, and then they do not need to raise capital and can grow organically. Either way, the company is stretching its valuation right now, in my view.
Breakout, page-11
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31.5¢ |
Change
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Mkt cap ! $2.142B | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 30.8¢ | $14.28M | 45.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1674903 | 31.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 282750 | 9 |
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