well the $5 mill is done and dusted (they said that), but it will not show in revenue as I first thought; it will show as a cash asset; so net asset value per share will bump up; I am not sure if they show NTA in quarterlies, but investors will only see that as cash to spend on operations... like a cap raise
similar the 2nd $5 mill will be on 30 June and the same logic as above applies
what is curious is we hang our hats on product sales, but the main revenue is services - by far; so it would be wonderful to see services revenue kick back up (they purposely did LESS services prior q to ramp up product manufacturing); so if we saw services revenue kick back up AND product sales moving in the right direction AND the cash in the bank... maybe we can reach my first buy price of LDX at $1.26... you know if they IPO'ed now they would be over the $1 as all the ducks are now lined up; we just have all this bad, ugly history to overcome
well the $5 mill is done and dusted (they said that), but it...
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.9¢ | $149.4K | 3.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 387770 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 819999 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.000 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.1¢ | 4.9¢ | 488245 | ||
| Last updated 15.27pm 03/05/2024 ? | |||||
| LDX (ASX) Chart |