Mate not here to do anything other discuss some reasons for the weakness in the share price based on this announcement.If you read the announcement again you will see that there is no way even with best case scenario that DEM will be cash flow positive in the next 6 months.Also companies don't just raise money when they hit zero cash. They do it to bolster their balance sheet which DEM may do if their cash levels drop to much over the next couple years.Just gotta be open minded to all possibilities. That doesn't mean you're negative.
Mate not here to do anything other discuss some reasons for the...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $31.63M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $4.603K | 35.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22300 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 8320 | 1 |
View Market Depth
| Last trade - 14.58pm 03/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.005 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 13.0¢ | 80 | ||
| Last updated 13.12pm 03/05/2024 ? | |||||
| DEM (ASX) Chart |