The raise was pretty clearly a back door type way to fund a direct need.
It is possible that they have identified a product that is required but not actually in existence, more likely that the product exists in small forms with others and hence why it may be required to buy out the IP or the Company that owns these components.
The raise was pretty clearly a back door type way to fund a...
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97.5¢ |
Change
-0.050(4.88%) |
Mkt cap ! $845.2M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.06 | 94.5¢ | $32.37M | 32.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 113976 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 20000 | 1 |
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| DRO (ASX) Chart |