I'm not really sold on the great achievement of having $30 Million dollars on the order book and basically having no cash as per Sep quarterly to proceed with such a works program, plus the $1 Million dollar debt facility, how this is going to be enough cash to run an ASX listed stock as a going concern, I'm not sure of.
I'm a small Business, a few years ago having a debt facility of around $400k, plus a small Overdraft, and believe me I ain't turning over anywhere near $30 Mil.
Something is just not adding up here, money is surely going to be tight, unless they can somehow increase the debt facility to $2 Million in the least, or a CR in the New Year.
You would think the banks may back it up with a RIO deal in the least
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I'm not really sold on the great achievement of having $30...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $14.13M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.5¢ | $5.25K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 173305 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 102736 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 431558 | 0.021 |
3 | 2022800 | 0.020 |
1 | 1500000 | 0.019 |
1 | 2500000 | 0.018 |
3 | 1034800 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 32000 | 1 |
0.023 | 590453 | 2 |
0.024 | 973228 | 2 |
0.025 | 1307107 | 5 |
0.026 | 1381770 | 3 |
Last trade - 15.30pm 18/11/2024 (20 minute delay) ? |
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