cash at the end of quarter is 7.07 m and the expected cash outflow for next quater (june quater)is 2.5m, and with cost of capex of Itambe project of US$15m, (listen to the latest BRR) and Passabem and Cenibra also need US$15m each (Hartley research report) , AAG will go to the market to raise capital. we can expect huge dilutions. Some old centaurus share holders may take opportunity to log in profits (25% to 30% premium due to take over/merger with GGY) ahead of the capital raisings.
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cash at the end of quarter is 7.07 m and the expected cash...
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45.0¢ |
Change
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Mkt cap ! $223.2M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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3 | 15951 | 0.440 |
2 | 9600 | 0.435 |
6 | 27659 | 0.430 |
1 | 5700 | 0.425 |
Price($) | Vol. | No. |
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0.455 | 6911 | 2 |
0.460 | 18722 | 4 |
0.465 | 7000 | 1 |
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0.475 | 18045 | 1 |
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