So you want a finance company we own shares in to have a WEAKER balance sheet leading into what looks like to be the biggest market correction and bear cycle in a few decades????
You really have no idea. That capital raise at that price looks like absolute genius right now. The ONLY stocks I've been selling this month have been those with weak balance sheets, that are gong to come under pressure and might collapse in the next 12 months. At least we know how strongly positioned this Co is, and has a balance sheet to run its business for the next couple of year no matter what chaos happens around us.
Massive opportunity cost, page-210
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $50.75M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $7.036K | 183.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 107911 | 3 |
View Market Depth
| Last trade - 15.33pm 10/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
-0.002 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 3.9¢ | 3.9¢ | 3.7¢ | 239519 | ||
| Last updated 14.42pm 10/05/2024 ? | |||||
| WZR (ASX) Chart |