In addition to Dubber’s cash balance of approximately $4.3m the Company lodged an R & D tax concession which was in excess of $1.3m with the funds received in January 2016.
As announced on 3 November, Dubber was chosen by a leading Australian bank to provide solutions under an agreement valued at $1.68m subsequent to an initial deployment. The agreement is scheduled to commence in Q1 2016.
So out of the $1.68m for the bank agreement, you have only accounted for $500K and a record $2.4m cash burn for the June qtr?
$2,400,000 per year, page-28
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $42.27M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.9¢ | 4.6¢ | $21.63K | 456.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 509998 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 100000 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| DUB (ASX) Chart |