After a bit more research, the company has recently raised 3.2M, originally had 1M in the bank, totalling 4.2M.
The expected cash burn stated in the quarterly was 524K inclusive of capital raising cost, that would make the cash balance at quarter end sitting at 3.6M.
What is the current MC of the stock again?
Bad decision, page-15
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.472M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $400 | 33.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 379900 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 997059 | 1 |
View Market Depth
| Last trade - 15.56pm 17/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.1¢ | 33334 | ||
| Last updated 15.09pm 17/05/2024 ? | |||||
| PSL (ASX) Chart |