I think they have done well to raise $18m in a climate that is tight on money atm. It is likely they had to heavily discount the opportunity so they could get the physical cash. I believe and feel management had to make the tough call to keep things going. I am impressed they actually got the money tbh plus some on top to boot. Don’t forget they don’t have cash flow. They need to get through a tough 2023 with high costs all around them.
they couldn’t wait they don’t have the cash so it’s now or never. I had my buy price trigger at 16c today and I loaded up. I wasn’t in this till today.
I think they have done well to raise $18m in a climate that is...
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $226.2M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $423.8K | 2.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 241226 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2674301 | 15 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |