Mikey,
I gave an opinion. Since when does that make you a bad bloke or a good bloke? All I suggested was I think it will be a capital raising and gave my reasons. No discussion about the fundamental quality of ZYL. Mate I know you're head deep in this but there's no need to lecture me when all I did was give an opinion on what the announcement might be.
As to net4g, last quarter the company's cash reduced by $600K, their staff costs alone were $400K so I don't know how it is that their burn rate is only $62K per month. Even if that was the case it still leaves their cash position as precariously low.
To me a placement sounds very logical.
this must be big .. trading halt .. cant wait , page-51
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $85.00M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $15.60K | 816.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 4251910 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 3266263 | 10 |
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| Last trade - 14.02pm 23/07/2024 (20 minute delay) ? |
| AZL (ASX) Chart |