I don't believe there will be a cap raise in the short term. The presentation accompanying the half year set out the action plan for the next 12 months - and they only have 12 months!
So; Clean up the mess, cut costs, focus resources, rightsize the businesses, resolve Spacelink - make it cashflow positive.
If/when they win a big new contract then maybe new cash.
I don't believe there will be a cap raise in the short term. The...
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Last
$1.76 |
Change
0.015(0.86%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.74 | $975.7K | 554.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29564 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 6194 | 3 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$1.77 |
Change
0.015 ( 0.79 %) |
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| Open | High | Low | Volume | ||
| $1.75 | $1.79 | $1.75 | 94115 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| EOS (ASX) Chart |