Well at this point IMO they no need any CR at least for two quarters. As they reported in last 4c they held roughly 1.4m in bank and there burn rate is 748k per quarter. They have received 433k for last quarter. So if we go with the same amount for next two quarters they need 1.4m to cover the costs and they will receive in receipts around 866k and I have not included that new customer its based on previous 4c figures.
So 1.4 m - 866k = 533k they will still have in bank after 6 months and in that time they will definitely increase in receipts for new customers IMO..GLTH
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- Ann: Annual Contract Value Update
3DP
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1.69%
!
6.0¢

Ann: Annual Contract Value Update, page-22
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $48.30M |
Open | High | Low | Value | Volume |
5.9¢ | 6.2¢ | 5.8¢ | $26.63K | 442.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 254167 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.060 |
2 | 216950 | 0.059 |
4 | 146563 | 0.058 |
1 | 200000 | 0.057 |
2 | 370424 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 254167 | 3 |
0.063 | 10000 | 1 |
0.064 | 15707 | 1 |
0.065 | 85503 | 2 |
0.066 | 75000 | 2 |
Last trade - 15.55pm 18/07/2025 (20 minute delay) ? |
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3DP (ASX) Chart |