CTM announced in May that their cash burn to be very low. They had 30m in cash at that stage and they still have an undrawn 200m facility. I cant see any requirement to raise capital, they dont need it for their survival anyway unlike WEB, HLO & FLT. I could imagine the brokers would be all over them to raise funds in this environment.
capital raise, page-2
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Last
$12.69 |
Change
0.220(1.76%) |
Mkt cap ! $1.856B | |||
| Open | High | Low | Value | Volume |
| $12.62 | $12.76 | $12.59 | $6.918M | 545.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 628 | $12.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.71 | 3001 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CTD (ASX) Chart |