huh?if our EV was roughly (ignoring options for simplicity)...

  1. 12,161 Posts.
    lightbulb Created with Sketch. 1778
    huh?

    if our EV was roughly (ignoring options for simplicity) $283m (462m shares at 63c less 10m cash guestimate).
    Then post raise to end up with the same EV, with 552.7m shares on issue - it would be the equivalent of circa 62c.

    You cant calculate market cap and ignore the cash we have coming in.

    so 552.7m x 62c = $343m with $60m cash on hand = $283m ev. same as pre raise.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
75.5¢
Change
-0.005(0.66%)
Mkt cap ! $393.9M
Open High Low Value Volume
76.0¢ 77.5¢ 72.5¢ $2.615M 3.509M

Buyers (Bids)

No. Vol. Price($)
1 6888 75.5¢
 

Sellers (Offers)

Price($) Vol. No.
76.0¢ 95000 3
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
MTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.