While revenue growth is great to see, and it is critically important to the business, I am a little concerned that they are still burning through cash qtr by qtr, not much, but is 6 months, it has been $1.4m. This will be offset by Govt R & D grants, but relying on them to keep the bank balance healthy is not a good strategy.
I am aware that they are still a young company, and growing always has cash flow issues. I am happy to hold for the time being.
HT1
solid 4c, page-2
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Last
$9.00 |
Change
-0.030(0.33%) |
Mkt cap ! $802.5M | |||
| Open | High | Low | Value | Volume |
| $9.06 | $9.10 | $8.87 | $929.6K | 103.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 160 | $8.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.00 | 1105 | 14 |
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| Last trade - 14.18pm 15/11/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |
