um I dont think you realize how quickly economic econditions are deteriorating. By my estimates they have about 3 minths worth of cash left and they will need to do a cap raise asap if the drop in the share price is any indication. The problem will be trying to raise cash in this enviroment will be very tough and with the rapid fall in the share price the cap raise would have to be done at less than 2 cents to make the CR in anyway appealing.
Ann: Half Yearly Report and Accounts, page-13
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.722M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38460 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 10003 | 2 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| 8CO (ASX) Chart |
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