I think the company will need to raise some cash.. There current cash burn rate is pretty good but there is not a lot in the bank..
Seems to be some upwards momentum in the stock the last weeks so that is a good sign.
If you do read the last few announcements it would seem now they have good traction on the science, they are focusing very much on distribution and partners..
If I look at their cash burn vs sales, they don't need excessive more sales to get into a positive ROS.. So very interested to see if this is the turning point in this stock..
The technology is definitely interesting as was the acquisition they made. Looks like there are some additional benefits to a combined solution.. Could turn out an interesting play..
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.506M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.013 |
1 | 100000 | 0.012 |
2 | 180000 | 0.011 |
1 | 100000 | 0.009 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 100000 | 1 |
0.020 | 2000 | 1 |
0.022 | 36903 | 1 |
0.030 | 10083 | 1 |
0.050 | 42345 | 1 |
Last trade - 10.42am 06/09/2024 (20 minute delay) ? |
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UCM (ASX) Chart |
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