I can't work out why they raised? They don't need the cash and it looks like they will go breakeven or EBITDA positive on next earnings report (three months ahead of forecast in most recent). So I'm thinking they are going to do something with the cash and hence the market is pricing this in and the reason for current rally? Or the share price is rallying into a positive earnings report???
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I can't work out why they raised? They don't need the cash and...
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Open | High | Low | Value | Volume |
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---|---|---|
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No. | Vol. | Price($) |
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1 | 39999 | 1.720 |
1 | 13582 | 1.705 |
4 | 15717 | 1.700 |
1 | 5952 | 1.680 |
3 | 11300 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.730 | 13582 | 1 |
1.735 | 32520 | 3 |
1.760 | 1530 | 1 |
1.765 | 8498 | 1 |
1.770 | 20000 | 1 |
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