Thanks @smulv Deutsche and Comsec are representing retail buyers then. Not sure if it's good or bad. Time will tell. The instos may sell because of cap raising expectations.
Their cash burning rate is not low. They had $4.6m at the end of Sept. 2018 but they had $2.5m at the end of Dec.2018. Around $2m cash burning in Q4 2018. That tells me they might run out of cash at the end of March 2019. We might see a cap raising soon. Any ideas?
PM8 Price at posting:
2.0¢ Sentiment: None Disclosure: Held