Although its likely the price should increase, the fact is that NO-ONE really knows what the sales are going to do, and the vaccine ISN'T a definite, so for the short term, the graph is ... the graph..
I think Meerkat's post is valid, and to be honest, staff costs are perhaps increasing due to more people working at the factory, same level of marketing. I'm neutral on a cap raising but at current burn, I'm more thinking that growing receipts and revenue should delay or mitigate the need for a cap raising - just in time...perhaps... but the feeling is (or hope) that sales of CC do continue to increase at an increasing rate, and hence no cap raising needed.... just a feeling and a humble opinion...
DYOR
ahz chart..., page-3
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Last
$19.61 |
Change
-0.560(2.78%) |
Mkt cap ! $376.9M | |||
| Open | High | Low | Value | Volume |
| $20.18 | $20.20 | $19.60 | $178.1K | 8.889K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61 | $19.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.00 | 1500 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$19.60 |
Change
-0.560 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| $20.04 | $20.04 | $19.60 | 223 | ||
| Last updated 15.49pm 17/05/2024 ? | |||||
| AVR (ASX) Chart |