While you were focusing on the vagueness of 'few', I am more concerned with the 'up to'. It means they may only purchase $200 - 300,000 dollars worth. $700,000 looked rather low, then the 'up to' adds very concerning factor. Capital raise as others have suggested is almost guaranteed from here with that forecast. Share price is reacting accodingly.
On the positive, they are actual sales of the product. The company can battle on for another 4-5 years profitless, but surviving.
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- Ann: Appendix 4D and Financial Statements - 31 Dec 2018
Ann: Appendix 4D and Financial Statements - 31 Dec 2018, page-4
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16.0¢ |
Change
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Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 17733 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
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