Operating expenditure is pretty lean. If they cut R&D expenditure to manage liquidity it'll send the wrong signal to the market: not really advantageous when they're trying to secure big contracts with high-value Utilities & ADAS (Advanced Driver Assistance Systems). Page 33 in the annual report has some info on financial risk management & liquidity strategy for the company. Hopefully they'll secure enough enterprise contracts in time to displace any need for a near-term cap raise.
Charting, page-62
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.66M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450000 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 81000 | 2 |
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| Last trade - 07.01am 20/11/2024 (20 minute delay) ? |
| 3DP (ASX) Chart |
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