I'm really not sure the company needs to, except for it being an opportunistic raise due to ATH's.
The permanent cost of issuing more shares is just not worth it. But hey what do I know?!
The ramp up appears to be going very well, so why bother with it unless there's a genuine reason (Perhaps M&A). But then again why do M&A now at such a critical time in the company's ramp up phase?
Wolf
I'm really not sure the company needs to, except for it...
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Last
$1.69 |
Change
-0.055(3.16%) |
Mkt cap ! $1.983B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.69 | $4.994M | 2.942M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 124954 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 40 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.69 |
Change
-0.055 ( 3.12 %) |
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| Open | High | Low | Volume | ||
| $1.77 | $1.77 | $1.69 | 1106934 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BGL (ASX) Chart |