Good question so far unanswered.
SPX had about $280k as at 31 March, was selling assets and attempting to retrieve environmental bond from the NT government.
Most of these funds will be spent on prospectus and legals I expect.
Its interesting that no value has been placed on BCAL other than 60 million odd shares valued at 20 cents ($12 million approx.)
So the question is $12 million for what? Its interesting that BCAL's web site is full of words like "may" "could" in relation to its potential.
There is no projected costs to develop and market the product and no projected earnings growth.
This info may float out in the near future but at this stage it appears BCAL needs money but is not making it - yet.
Ann: Agreement to acquire BCAL Diagnostics-SPX.AX, page-6
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SPX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $16.23K | 1.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 10253909 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2705842 | 9 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| SPX (ASX) Chart |
