do you believe, page-1606

  1. lp2
    507 Posts.
    lightbulb Created with Sketch. 57
    Negative operating cash flow this quarter will come close to wiping out their bank balance Hard to understand how much of their unused financing is truly available?

    There is going to need to be a capital raise announced in the next few weeks. With a market cap of only $100 million they won't be able to raise much without shareholder approval. Cannot see how they get out of this downward spiral?

    https://hotcopper.com.au/data/attachments/3911/3911340-0701b8928e4f8c0311e01f1629bb1fa1.jpg

 
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