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.
- Forums
- ASX - By Stock
- Results Of General Meeting
Whytee, As at 31/12/2017 the company had net assets / total...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OIL (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.010(6.45%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $23.08K | 143.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49548 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 73836 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
Featured News
OIL (ASX) Chart |
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online