Time will tell? ( from their last qty:Total estimated cash...

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rastus1

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11/07/18

16:40

Post #: 34281294
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Originally posted by Graphite101 ↑

Last quarter ending March 2018 OOK had $1.5mill cash and had burned through ( $826,000 ) thats after they issued $500k of shares so worse situation

Net (decrease) in cash and cash equivalents for the period (826) (1,124)
Cash and cash equivalents at beginning of quarter/year to date 2,366 2,664 4.2
Net cash (used in) operating activities (item 1.9 above) (231) (529) 4.3

Net cash from / (used in) investing activities (item 2.6 above) (1,189)
Net cash (used in) financing activities 594 594

Cash and cash equivalents at end of quarter $1,540 m

so if they burnt through another (826k ) they have $700k left so capital raising is now in sight especially if they burnt through more than 826k

guess shareholders will find out very soon in next week or so as last report came out 20 April so expect around 20 July and we probably know the result already - assume selling is due to quarterly expectation in a weeks time COULD GET AS LOW AS 1.5C before heading back up - they need something more than Akela

GLT A

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Time will tell? ( from their last qty:Total estimated cash outflows 107)

.015? I don't think they can hold this down much longer according to the rubber bands.

jmo
glall
please DYOR

ps( What happened to ur holding at .024. It never went higher to off load if I recall? No disrespect intended)

OOK Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Time will tell? ( from their last qty:Total estimated cash...

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