Lederp is right. This will be a capital raising (through the issue of more shares) for working capital. Further capital raisings (via the issuing of more shares and debt) for project financing will come a bit further down the track. The market cap will remain steady or incresae but the share price will suffer imo.
Busting
trading halt, page-5
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $259.2M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.5¢ | $190.1K | 602.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 543982 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 14803 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| TCG (ASX) Chart |