In the current market, this stock should have been down 35-45% on these results but they've put it into a trading halt for a capital raise at ~18% discount to VWAP / Last Trade.
Either they are bloody clever and pull it off, or this is going to be a mess of capital raise (get the popcorn).
Probably the later but either way the stock is likely to be $1 (If I was really honest sub $1) after the capital raise.
Ann: Half Yearly Report and Accounts, page-7
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Last
$2.14 |
Change
0.120(5.94%) |
Mkt cap ! $897.5M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.17 | $2.04 | $5.413M | 2.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9541 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 28553 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SLC (ASX) Chart |
