AEB 0.00% $2.57 affinity energy and health limited

Continuous Disclosure, page-23

  1. 319 Posts.
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    They did the $2.5 million cap raise at 4cents back in January which isn't shown in the half yearly financials but all that money was allocated for the next quarter so would probably be gone now.

    Prior to that they had an 8 million cap raise in July 2017 which they burnt through pretty bloody quick too.

    So with that history then yeah, they would definitely be due for another raise.
    Might be sub 2 cent raise the way this is going at the moment.

    Mind you if that revenue from their supposed cash crop comes through there would be no worries about another raise. But with no market updates in regards to that crop, it's not looking likely and could be a flop.
 
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