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Ann: Appendix 4C - quarterly, page-12

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SallySet

6,017 Posts.

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26/08/20

07:17

Post #: 46816499
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Originally posted by Mango22: ↑

Good info @davo128

But they still need cash reserves to keep the ship moving.

Agree with you that "The more deals they sign, [the] risk is reduced and market will de-risk any previous issues..." but this "de-risking" doesn't fix the immediate cash flow problem. A new announcement, a new deal, doesn't instantly deliver revenue.

Unless I'm missing the golden goose that seems to be staring some others in the face (what did/does Mr Baker know that we don't, for example?) then cash is looking a bit too tight for my liking.

Expand

Forgot to add.

Even if they do decide to raise, it's off approx 100 million share base.

10 million shares at 50 cents? - who cares.

The register still remains much tighter than mostly anything on the ASX.

Above is not financial advice and my opinion only.

Last edited by SallySet: 26/08/20

ID8 Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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Last 1.8¢		Change 0.002(12.5%)		Mkt cap ! $11.71M

Open	High	Low	Value	Volume
1.6¢	1.8¢	1.6¢	$18.99K	1.076M

Buyers (Bids)

No.	Vol.	Price($)
1	21811	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	173740	2

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No.	Vol.	Price($)
1	21811	0.017
1	100000	0.016
1	330000	0.015
2	302000	0.014
3	1094615	0.013

Price($)	Vol.	No.
0.018	173740	2
0.019	440000	4
0.020	228105	4
0.021	170000	1
0.024	62000	2

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