I think if the share price holds over the 0.14-0.16 mark a cap raise will take place post the 1H results announcement...auditors can't sign off on the account on a going concern basis (favourable) unless accounts and future cash follows healthy.
based on last sep quarterlies if the burn rate continues could be needed.
ideally a cap raise would be announced with favourable news
just my opinion but I see this happening as with any other exploration coy
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $356.4M |
Open | High | Low | Value | Volume |
14.5¢ | 15.5¢ | 14.5¢ | $70.52K | 471.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 86365 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 546825 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 75965 | 0.150 |
17 | 703483 | 0.145 |
13 | 461682 | 0.140 |
12 | 537773 | 0.135 |
13 | 401459 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 567179 | 15 |
0.160 | 204322 | 7 |
0.165 | 127471 | 2 |
0.170 | 163309 | 5 |
0.175 | 75423 | 5 |
Last trade - 10.49am 09/09/2024 (20 minute delay) ? |
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INR (ASX) Chart |