You've got 3 months to wait until the next quarterly to find out if they've managed to get production to a level where they can stop the cash burn. Yes it could definitely halve in that time.
Then if they've only got a couple of million in the bank at the next quarterly it could easily halve again.
Can't see a buy out happening with the issue's still to be sorted.
Bailed at 4.7 cents won't look at it again until they're making a profit. See you all end of January.
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0.4¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
12 | 9270529 | 0.4¢ |
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Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7627000 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 9260529 | 0.004 |
42 | 36130954 | 0.003 |
32 | 51950536 | 0.002 |
11 | 23199951 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7627000 | 9 |
0.006 | 6740060 | 7 |
0.007 | 2772191 | 5 |
0.008 | 6110000 | 9 |
0.009 | 7058361 | 8 |
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