Now I'm really really confused, so $2m balance minus $1.7 projected outflow, leaves basically nothing for end of Q3, I got that, raise more money then.
But now DRO says they are not 'concerned' about the need to raise money immediately?
Why?
That $3.2m is going to be paid in tranches over 5 months from the date of approval, they seems quite certain this is going to get them through for this quarter and next, unless they are also eying something else that may brings in cash.
Ann: Response to ASX Appendix 4C Query, page-2
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Last
72.0¢ |
Change
-0.035(4.64%) |
Mkt cap ! $1.116B | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 77.0¢ | 71.0¢ | $5.480M | 7.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3399 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 51821 | 4 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |
