Rookiekaiser I wish i had your confidence.
These guys have about $2.2M in cash left and they are burning circa $4M to $5M per year.
To survive they will need to raise more money, which I suspect will be at a price much lower then todays share price.
And I imagine that any new money will want to see a change in the board/manageent
. After all they have overseen a drop of $64M (over 75%) of the value of the company since the IPO.
Rookiekaiser I wish i had your confidence. These guys have about...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.790M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| DCL (ASX) Chart |
Day chart unavailable
