I won't expect any special news.
Share price dropped from $1.40 to currently 18.5c, has priced all the bad news. I expect cash on hand on 30 June would be approximately $62m, equal 20c per share. As cost cutting program start this quarter, PXS should still have over $60m cash next March as further US$20m receiving from NovaQuest in January 2014. The moneis from NovaQuest are not loan, but pay back on percentage of the Euro sales.
Any good numbers improved from sales would spike the share price, IMO.
picking up, page-5
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.13M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.8¢ | $145.4K | 5.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1763138 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 235590 | 1 |
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| SNT (ASX) Chart |