To clarify, the $43 Million does NOT get them to a stage of producing anything so they most certainly cannot benefit from the buy program as they have nothing to buy.
My point is they MUST raise again to start production.......THEREFORE MORE CASH THEREFORE ANOTHER RAISE......THEREFORE FURTHER DILUTION!!!!
That fellow HC posters is a genuine concern!!!
To clarify, the $43 Million does NOT get them to a stage of...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $358.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |