So at the end of the December quarter they had 7.88 quarter of cash or $14,127,000 cash on hand.
ENd of the March quarter they had only 1.55 of cash or $8,500,000 cash on hand.
So they spent around $5,500,000 during the quarter.
Yes higher then expected expenditure but they will need cash either this quarter or at latest next quart.
er.
So where will it come from, maybe some from R&D loan at around 22% interest.
With additional staff cost going to hit this quarter management need to explain where cash is going to come from.
Maybe option holders can convert some of their options at 19 cents
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $81.23M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $31.76K | 188.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29214 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 59381 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| NUZ (ASX) Chart |