The business literally has zero net assets. its all intangibles, which is likely to be written down soon. Then the balance sheet is going to look shot, and they will need a ~200m - $250m capital raise. They better do that quick before the share price tanks some more - only ~20% dilution
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Last
$3.60 |
Change
-0.050(1.37%) |
Mkt cap ! $1.002B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.73 | $3.57 | $15.11M | 4.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28964 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 26261 | 4 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| IEL (ASX) Chart |