I echo your comments. They are an absolute disgrace.
$156m raised over two years. Thats the cost of a new plant and infrastructure! Not for a refurb!
Their quarterly states they are expecting another spend of $32m this quarter just on development!
They spent $12.5m over the year just on "admin costs", thats $4m per quarter.
What company of this size spends $4m a quarter on admin costs?!?!?
Next quarter, you're looking at $5m. That's the kind of money you spend on exploration, not staples!
What's interesting is that their "spend" was normal back in 2010, before their first mega raising. Things have pretty much gone downhill since then. Easy money hey?
They need some serious financial advice.
- Forums
- ASX - By Stock
- ACF
- waiting
waiting, page-35
-
- There are more pages in this discussion • 23 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 ACF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.10 |
Change
0.000(0.00%) |
Mkt cap ! $331.5M |
Open | High | Low | Value | Volume |
$1.10 | $1.11 | $1.09 | $457.0K | 416.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8999 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 7700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8999 | 1.100 |
3 | 8990 | 1.095 |
4 | 93804 | 1.090 |
1 | 25575 | 1.085 |
1 | 9615 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 7700 | 1 |
1.115 | 3040 | 2 |
1.120 | 15254 | 2 |
1.125 | 2816 | 1 |
1.130 | 1654 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
ACF (ASX) Chart |