According to the quarterly we had 122.6 million free cash on hand.......cashburn is approx 7.8 million per month...there are 5 months left until Xmas (assuming no TOL by then) means a cash burn of 39 million. Age figures don't add up.....2 days ago NC stated that there would be no immediate need to raise capital...what has changed ?
the age article, page-4
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| LYC (ASX) Chart |