If they didn't begin discussions to try and get funding from an external investor then they sure are taking a long time to organise a standard cap raise.
if they can't reach a deal very very soon then they will be forced to do a standard cap raise anyways. Conditions deteriorating fairly rapidly here with zero catalysts for a turn around before a cap raise. They completely lose face is they can't make a deal and simply do a cap raise, all theyve done by not doing a cap raise months ago is cost time and money.
If they didn't begin discussions to try and get funding from an...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $40.07M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $22.63K | 222.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 196490 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 19847 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 10.0¢ | 66608 | ||
| Last updated 15.13pm 03/05/2024 ? | |||||
| MAG (ASX) Chart |