10.5 cents in AU today.
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10.5 cents in AU today.
Capital raise was announced a few days ago. Part of it was an offer to shareholders at 8 cents. The SP at the time was over 10 cents. SP dived on the announcement to below 8. Currently 7.4 cents. Wiped around AU$ 50 million off the market cap.
A look at the interim accounts to 30.12.22.
Needless to say EBITDA is highlighted by the company but their profits are actually falling.
Interims HY23
FY23 out today:
Finals FY23
Share price softened up on an improved core result but non-core expenses created an overall significant loss. Recast operating cash flow doesn't inspire.