Unfortunately this business has a long working capital cycle, and they obviously didn't have sufficient cash + undrawn bank facilities to fund out the order book & bid pipeline. I doubt they raised $3m because they thought it was a great idea.
Unfortunately this business has a long working capital cycle,...
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $39.12K | 170.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15540 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 10069 | 4 |
View Market Depth
| Last trade - 14.09pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
