Can anyone here clear this up for me?
I bought into this company after the market update a few weeks ago showing an improved profit and an improved cash position in excess of $16m. I cannot then understand why they would have to do a capital raising at this point to pay bills. Bit hard to get my head around this as debt from the HY seems to be just over $4m.
Can anyone here clear this up for me? I bought into this company...
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Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $48.48M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 33.0¢ | $61.48K | 183.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16060 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 306661 | 2 |
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| Last trade - 15.37pm 25/11/2024 (20 minute delay) ? |
| SEQ (ASX) Chart |
