i was of the same opinion. Do they not have headroom on debt facility? Seems like a weak excuse to raise capital...
sure the stock will probably appreciate in time, but dilution here and now makes little sense...
Ann: $10m Institutional Placement and FY26 Earnings Guidance, page-3
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $64.28M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 38.5¢ | $108.2K | 271.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20406 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 13255 | 1 |
View Market Depth
| Last trade - 15.58pm 23/04/2025 (20 minute delay) ? |
| PNC (ASX) Chart |