Given where we are in this journey, I would not be surprised if management complete a small raise heading into winter and to top-up the potential funds from options. They are not guaranteed to be exercised, there is still some risk. It could be an opportune time to bring on a few institutional investors to the register and put a real solid base on the SP as a launch pad for future growth.
Don't for one second think that they are not thinking about this as an option. It is this type of prudential managerial move that could have massive benefits in the long run for this company.
Just my thoughts only and please DYOR.
Prudent Management
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $147.4M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $261.2K | 2.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 275969 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 172223 | 6 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.010 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 1203292 | ||
| Last updated 15.55pm 07/05/2024 ? | |||||
| EXR (ASX) Chart |