I suspect that the review of cash availability position actually started much earlier than indicated in the latest announcement and suggest that the appointment of 3 new non executive directors in August 2010 to enhance product commercialisation activities would have been a catalyst.The availability of cash is a key ingredient for any company progress.It is for this reason that I think this finance package has not been put together in haste and that a good outcome will eventuate.
The newsletter could feature a regular commentary on the adequacy funding thus keeping shareholders aware of the company's financial condition.
Kens
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.923M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1.551K | 580.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 6575714 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 42608823 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 6575714 | 0.002 |
27 | 69117741 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 42608823 | 29 |
0.004 | 16347566 | 14 |
0.005 | 9658600 | 7 |
0.006 | 11115082 | 11 |
0.007 | 13229103 | 6 |
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