$0.8M in the bank. Cash burn of ~$0.4M/qtr (taking out R&D grant). Unless sales explode in the next half, they will have to raise capital to keep operating.
Not trying to be negative - just pointing out the obvious as I like and follow these guys.
$0.8M in the bank. Cash burn of ~$0.4M/qtr (taking out R&D...
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.506M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| UCM (ASX) Chart |
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