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
2.8¢ |
Change
0.003(12.0%) |
Mkt cap ! $14.87M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.8¢ | 2.5¢ | $24.37K | 942.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 166 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 90757 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
2.5¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.5¢ | 2.5¢ | 8635 | ||
| Last updated 11.03am 03/06/2024 ? | |||||
| WLD (ASX) Chart |