Cash is even worst than thought.
Cash = $39.5mil - $21mil (Tranche 1 already paid) = $18.5mil
Current Real cash after Committed cash = $18.5mil - $21mil (Tranche 2 due in March/April ?) = -$2.5mil real cash.
-$2.5mil is the current REAL negative cash unless they do a Capital Raise.
The actual position is worst as IOU currently is consuming circa $1mil per quarter ?
$1 Club, page-26543
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $8.680M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.7¢ | $47.64K | 5.850M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 5940815 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1124804 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| OVT (ASX) Chart |