Reduced cash burn is $12M a quarter if revenue remains flat at $14M for the 2nd half. They also have the SBV $1M deposit exposure. It's clear they are running out of cash and will need to shore up their capital base as customers will begin to assess the risk of them to continue as a going concern. Risk is reflected in the share price as the market is anticipating a very dilutive capital raising or issue of con notes. Where will the revenue come from to cover the cash burn of $12M per quarter i.e. $48M revenue per year ?
Dubber.Dubber.Do., page-7176
-
- There are more pages in this discussion • 1,212 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DUB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $24.96M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.6¢ | $31.27K | 1.819M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1976015 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 2241128 | 7 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| DUB (ASX) Chart |