they have a current cash burn rate of 3m a quarter, so that takes them down to 14m at the end of June
Normally companies want to have more than 6 months of cash on hand? and I don't know how much faster they will be burning cash scaling up a sales team, potential manufacturing costs (even if they are using a CMO)
Just going off past history after they said the same thing (about being well funded) after the FDA knockback in September then getting a CR
- Forums
- ASX - By Stock
- BOT
- Bot Chart
Bot Chart, page-12528
-
- There are more pages in this discussion • 1,026 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOT (ASX) to my watchlist
|
|||||
Last
34.5¢ |
Change
-0.020(5.48%) |
Mkt cap ! $543.4M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 34.0¢ | $4.566M | 13.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 410003 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 346713 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 403003 | 0.345 |
16 | 304864 | 0.340 |
12 | 887560 | 0.335 |
25 | 2286069 | 0.330 |
5 | 853843 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 346713 | 8 |
0.355 | 48198 | 4 |
0.360 | 261992 | 7 |
0.365 | 522058 | 4 |
0.370 | 319527 | 7 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BOT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online