Wow, that's some great analysis Saragian!
With the cash burn so high still, they may need to raise before April / May next year.
You wouldn't want to raise after April, as tax loss selling will start to bite sharply.
I've watched MVP have a great product, but struggle to get to cash flow breakeven.
Probably some similarities in that chart as well, where the spikes get sold!
Charts NXS, page-904
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Last
26.0¢ |
Change
0.015(6.12%) |
Mkt cap ! $75.84M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 24.5¢ | $20.20K | 79.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9313 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 24500 | 1 |
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| Last trade - 15.30pm 20/06/2024 (20 minute delay) ? |
| NXS (ASX) Chart |