They burned $3mm last quarter and will need to raise more capital soon just to pay bills. No way that they can afford to drill, frack and flowtest wells. Looks to me like TC is pitching to underwrite the next equity raise.
They burned $3mm last quarter and will need to raise more...
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Mkt cap ! $178.8M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $53.62K | 291.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 180000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 20.0¢ | 13000 | 1 |
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| Last trade - 15.59pm 25/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 18.0¢ | 19.0¢ | 18.0¢ | 262893 | ||
| Last updated 15.27pm 25/04/2024 ? | |||||
| EEG (ASX) Chart |