The company does have money but not enough of it so it is needs to regularly tap the major shareholders for cash.
The funding deal terms have been agreed and now subject to docs and regulatory approval.
The key issue here is the business performance. Revenues are growing based on the last update.
But the market needs to see more updates and for the revenue growth to continue to be growing.
The 15% shareholder must have a good reason to have increased their holding in the last capital raise.
This should provide a level of confidence to all shareholders about the future prospects of CL8.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.683M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.5K | 150K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79131 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 293906 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79131 | 0.010 |
2 | 266666 | 0.009 |
1 | 120000 | 0.008 |
3 | 2720000 | 0.007 |
1 | 250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 293906 | 2 |
0.015 | 94000 | 2 |
0.016 | 200000 | 1 |
0.017 | 101771 | 1 |
0.018 | 98000 | 1 |
Last trade - 11.07am 12/08/2024 (20 minute delay) ? |
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