Remember the company gets $800k from options (KNLO) conversion in August (presuming we're over 20c).
I expect any capital raising will happen closer to April though where a cornerstone investor might be attracted to participate combined with on-market purchases.
It would be disappointing if the coming major developments only resulted in a return to 30c considering we were there a few months ago before ThyssenKrupp but that's the market.
Remember the company gets $800k from options (KNLO) conversion...
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $56.60K | 471.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37983 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 10500 | 1 |
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| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |