I don't disagree with you and they have derisked the company by taking any future funding needs out of the question (for now).
I look at a company like IPD and I know if they didn't raise that ridiculous amount (around $80M from memory) a year or two ago, they would be dead in the water now with no sign of decent revenue for years. On the other hand NAN had a huge raise and have hit cash flow positive earlier than expected and are now sitting on a nice cash balance to fund R&D activities.
I think I'm more annoyed at myself for ignoring the technicals since fda approval which has been screaming that bad news was coming and my expectations that the fundamentals should have won out. TA won on this occasion.
- Forums
- ASX - By Stock
- AXP
- Ann: AirXpanders Raises A$45 Million in Private Placement
Ann: AirXpanders Raises A$45 Million in Private Placement, page-13
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXP (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.824M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $4.303K | 2.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 40085905 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 91807222 | 63 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.001 | 4584623 | 2 |
0.002 | 80283560 | 48 |
0.003 | 17399168 | 15 |
0.004 | 6454247 | 9 |
0.005 | 2401679 | 14 |
Last trade - 10.57am 04/12/2024 (20 minute delay) ? |
Featured News
AXP (ASX) Chart |