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0.3¢ site group international limited

Thanks, makes sense. The next results announcement will be...

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castleburn

12 Posts.

01/06/16

09:50

Post #: 17919854
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Originally posted by Fidosnos ↑

Down to $2.3m cash reserves after burning through $8m in 9 months. The coffer will be empty within 2 quarters unless significant funds flow in. Maybe time to tap the shareholders. Which might explain the drift down of SP.

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Thanks, makes sense. The next results announcement will be critical because it will demonstrate whether they can actually convert profit into cashflow, which is a key test for this business (and many others in the education sector).

SIT Price at posting: 19.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $7.807M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$990	330K

Buyers (Bids)

No.	Vol.	Price($)
9	20969576	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	21802838	13

View Market Depth

No.	Vol.	Price($)
9	20969576	0.002
16	45654317	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	21802838	13
0.004	13540832	6
0.005	5893333	5
0.006	663333	3
0.007	3246667	3

Last trade - 10.09am 19/04/2024 (20 minute delay)

SIT (ASX) Chart