They burn around $1m/mth $12m/year so yeah, there's a CR or two per year for the next couple of years at least, and a continuous roadshow to keep up the interest in the stock.
I think they'd want to maintain around minimum $5m unrestricted cash so that puts the timing for the next CR in Q1 or Q2 CY 2025, imo.
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Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.99M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36000 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 8907 | 1 |
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| Last trade - 16.17pm 13/06/2025 (20 minute delay) ? |
| HZR (ASX) Chart |
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