I don’t think they can or will risk having such a low cash balance. $3.3 million is cutting it awfully fine.
Way too risky.
This is their dilemma at the moment.
They need to raise but the SP is too low.
On Track to Profitability, Price Target Increased (MST), page-6
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $38.35M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.0¢ | $303.9K | 2.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25243 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 230000 | 5 |
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| Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
| EYE (ASX) Chart |