The cash burn has been high leading up to production, and in the last week we have had some converting of options to raise extra cash.
I would be very surprised if they decided to capital raise at this late stage. Best case scenario they call in the top 20 to convert some more options and worst case senario they get a short term loan facility IMO.
enough cash to get to production, page-2
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Last
$1.09 |
Change
0.000(0.00%) |
Mkt cap ! $332.2M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.11 | $1.09 | $281.8K | 257.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 2951 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ACF (ASX) Chart |