A bit too soon to be clamouring for an announcement on cap raising - it's only been 1 week since half yearly statements. But really, it's a question of WHEN Equity raising will occur rather than IF it happens. I'm thinking a Mt Kellet style transaction is most likely.
The company has debt bleeding out of its ears so I will be waiting until funding is sorted out before I gamble on this
Best result would be a pure debt raising since that implies they are confident that product is close to completion. At least you would hope so, but this management is fantastic...
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$8.02 |
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1 | 6329 | 8.000 |
1 | 11825 | 7.990 |
1 | 620 | 7.980 |
1 | 9620 | 7.970 |
Price($) | Vol. | No. |
---|---|---|
8.030 | 24829 | 4 |
8.040 | 16294 | 5 |
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