Estimated cash left at the end of this month is only $400k and the way markets are at the moment you don't want to leave raising cash to the last minute. Oppies aren't in the money and I don't think will come in on time anyway.
Even if you were the broker with most of the oppies it would be better and cheaper for you to take a raising at 3.5c to 4c. They won't risk putting the next quarterly out with double the forecast spend then cash left imo. I will see what they can do in April and may dip my toe in after they have this next raising out of the way. Dyor
Estimated cash left at the end of this month is only $400k and...
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Last
18.0¢ |
Change
0.015(9.09%) |
Mkt cap ! $96.77M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $85.15K | 489.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2380 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 374980 | 5 |
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| EIQ (ASX) Chart |