They’d be mad to do a cap raise prior to positive news (which is expected)... plus at these levels I’d say James would be considering debt facilities rather than a cap raise if he felt like raising cash. But those things aside, the wording of the announcement isn’t in line with a cap raise.
They’d be mad to do a cap raise prior to positive news (which is...
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Last
0.8¢ |
Change
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Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $31.30K | 3.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 32886173 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 12221494 | 21 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |