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.
Good question so far unanswered. SPX had about $280k as at 31...
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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 |
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| SPX (ASX) Chart |
