They won't raise until April as that's when they need to prove 2 Q of cash flow. Given Tarrant is limited to 6% of the MC in acquisitions from the creeping rule, that means he can only put in 6% of $20m which is $1.2m. That's only just enough to cover cash flow losses which is why the SP is being propped up at these levels.
They won't raise until April as that's when they need to prove 2...
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 235649 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 178832 | 2 |
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| Last trade - 11.00am 08/05/2024 (20 minute delay) ? |
| NOR (ASX) Chart |
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