While revenue growth is great to see, and it is critically important to the business, I am a little concerned that they are still burning through cash qtr by qtr, not much, but is 6 months, it has been $1.4m. This will be offset by Govt R & D grants, but relying on them to keep the bank balance healthy is not a good strategy.
I am aware that they are still a young company, and growing always has cash flow issues. I am happy to hold for the time being.
HT1
While revenue growth is great to see, and it is critically...
Add AD8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.01 |
Change
-0.025(0.28%) |
Mkt cap ! $802.5M | |||
| Open | High | Low | Value | Volume |
| $9.06 | $9.10 | $8.88 | $495.2K | 55.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 899 | $9.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.01 | 70 | 6 |
View Market Depth
| Last trade - 11.39am 15/11/2024 (20 minute delay) ? |
| AD8 (ASX) Chart |
