... or if they ran the company on $500K a quarter there would not be a problem either.
Sales need to go up something like 250% next quarter to be on track to break even before the cash runs out. If they can get growth up 100% they can probably get enough investor enthusiasm to do another raise next year, but anything less than this will be a slow death. You would have to think another quarter of no growth will be quick death sometime in the new year. This is the make or break quarter.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.684M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $538 | 538.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 23207000 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 44148567 | 33 |
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| Last trade - 11.10am 30/06/2025 (20 minute delay) ? |
| AXP (ASX) Chart |