More or less agree, especially with the lumpy cash flows. That will need skillful financial and operational management, especially if there are no reserves, in turn meaning no resources for R&D or growth strategies.
All of this suggests to me that the market has determine this company''s value and the SP will slide sideways from now on.
Also, this will not be a take over future IMO, it has passed the crisis point.
Ann: Presentation - Business Update/Funding Growth/ Rights Issue, page-9
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $32.21M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $2.812K | 15.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 233664 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.55pm 15/11/2024 (20 minute delay) ? |
| CSS (ASX) Chart |
