Generally bad news is released on Friday afternoons but it did not stop the share price sliding throughout the trading session. Behind all the gloss in the first few pages of how great Cambay was and the capital raising which is above the current share price the numbers tell the real story. Just over 1.1 million left in the bank and burning through 1.5 million a quarter no wonder Ron is sweating on the outcome of the Capital Raising to keep their lifestyles going.
OEX Price at posting:
3.6¢ Sentiment: None Disclosure: Held