Cash burn reducing, continually refining the sales pitch in the US to win new accounts. Cash sufficient to last until end of next year at current burn rate (I'd expect that target to be stretched out further as they release the next few quarterlies). Inventory expected to sit around 1-2 months supply from the current 12 so that will form a big portion of the reduction in cash burn. Liked what I heard.
Ann: Quarterly Conference Call and Business Update, page-7
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Last
0.2¢ |
Change
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Mkt cap ! $5.824M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $3.052K | 1.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 43009120 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 90779583 | 59 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AXP (ASX) Chart |
