A cap raise despite it being highly profitable and $50m + cash in the bank? Those fearing a CR must have zero idea of how to read financial statements...
If they were to do a CR, it would be for something highly accretive such as an acquisition etc. This company doesn't need to raise to keep the lights on...
DRO - Chart and TA., page-726
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 (20min delay)
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Last
$1.09 |
Change
0.075(7.39%) |
Mkt cap ! $950.5M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.02 | $22.75M | 21.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25001 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 108609 | 10 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |