Last time AL3 closed at 19c was January 10 about six months back….
And 19c was the price of shares in the $30m equity raise that was so eagerly sought last November ; https://asiapacificdefencereporter.... completed a two-tranche,A$0.19 per new share.
25/11/24. ..”The placement received overwhelmingly strong support from existing shareholders and a number of new institutional investors, with demand to participate well in excess of funds that AML3D sought to raise.
AML3D’s Managing Director, Sean Ebert, commented “This successful equity placement marks another significant milestone for AML3D with investor demand being extremely strong. We are now in an excellent position to continue to rapidly advance our US expansion from Ohio, to take advantage of the demand from the US Department of Defense, whilst exploring the European markets by leveraging the backdrop of AUKUS.”
….An interesting number
cheers
(20min delay)