I dont think a cap raise will come any time soon.
They've spent $250k last qtr, looking around $350k this qtr as you mentioned. They got enough for 2 more quarters at this stage.
Unless they need substantial funding for something I've not yet read about?
Next Capital Raising?, page-2
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $61.08M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $45.89K | 310.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6800 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 58006 | 2 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |