In my opinion Pxs will wait on some positive news flow from PXS 5505 before announcing a Capital raising. At some point next year. Everything requires additional investment and PXS have a high cash burn with limited sales in the US market.
The "mgmt team" really have got themselves into a bad situation and the cheapest opinion is still shareholders.
NTA of 1 cent
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $46.51K | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186766 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 196199 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SNT (ASX) Chart |