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.
While you were focusing on the vagueness of 'few', I am more...
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Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $23.08K | 143.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49548 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 73836 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| OIL (ASX) Chart |
