I think they will burn through this just like they have in the past.
Then, unfortunately, I think they will consolidate as this is the only way they will survive if they haven't secured finance by then.
Consolidation will allow them to continue the cycle.
Finance on the cusp, CR, burn cash.
Finance Q3, CR, burn cash.
Finance Q1, CR, burn cash.
You get the picture.!
I think they will burn through this just like they have in the...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $803 | 267.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 74291793 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 79795839 | 70 |
View Market Depth
| Last trade - 15.22pm 05/06/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.000 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 3630364 | ||
| Last updated 15.55pm 05/06/2024 ? | |||||
| LPD (ASX) Chart |