What a failure of the company! Even with $298m IPO cash injection in Dec 2015, the company only has 31m cash after 7 months, and the company is still at the risk of insolvency in Oct 2016. Who would lend them money giving they have never ending appetite for cash. Give them another $300m, they would burn them out in two years.
When I got into the IPO, I thought they got such a big money on IPO, they should not have going concern problem for a few years. But I was completely wrong.
What a failure of the company! Even with $298m IPO cash...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.25M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 174057 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 18799 | 1 |
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| Last trade - 16.12pm 29/04/2024 (20 minute delay) ? |
| WLD (ASX) Chart |
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