Whytee,
As at 31/12/2017 the company had net assets / total equity of $4,097,061.
And they had cash and equivalents $2,274,039.
In my opinion expenses would have / will have used up more than half of these funds by 30/06/2018.
And Revenues from Zeiss and viewnvivo will not be / have not been as expected from 1/1/2018 thru to 31/12/2018.
So in about/ within 3 months ( say early August before the full year results) they will need to raise more funds to continue on their pursuits.
And as the market will have driven the share price down due to the company. “ Over promising and Under Delivering “
I believe the cap raise will be at around 3 cents a share.
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
15.5¢ | 16.5¢ | 15.5¢ | $13.72K | 86.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 36100 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 48959 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.040 |
1 | 23529 | 0.034 |
1 | 63140 | 0.033 |
1 | 25000 | 0.024 |
1 | 60000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 20000 | 1 |
0.045 | 93965 | 2 |
0.048 | 100000 | 1 |
0.049 | 225000 | 1 |
0.050 | 87172 | 3 |
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OIL (ASX) Chart |