SEQ 0.00% 34.0¢ sequoia financial group ltd

Can anyone here clear this up for me? I bought into this company...

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  1. 488 Posts.
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    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.
 
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Last
34.0¢
Change
0.000(0.00%)
Mkt cap ! $48.48M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 50000 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 29697 1
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Last trade - 16.16pm 29/11/2024 (20 minute delay) ?
SEQ (ASX) Chart
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