This is from the half year report:
The accounts have been prepared on a going concern basis, which includes the presumption that
sufficient funds will be available to finance the operations of the consolidated entity. In adopting this
position, the directors have had regard to:
Make out of that what you will. I am hoping to see sales revenue or at worst a milestone payment brought forward. Not a capital raising before any good news.
- Cash on hand at 31 December 2014 is $909,600 (June 2014: $74,942);
- Additional cashflow is expected to be received in the 2015 financial year under the agreements with Carl Zeiss and MR Solutions;
- The directors believe the Company has the ability to raise additional capital from existing and new investors;
- The Company has a successful track record in raising capital to fund its operations; and
- The Company may have the ability to raise additional income, or accelerate forecast cash flows
- Forums
- ASX - By Stock
- OIL
- Why are they gone?
Why are they gone?, page-109
-
- There are more pages in this discussion • 15 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 OIL (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $150.3M |
Open | High | Low | Value | Volume |
16.5¢ | 18.0¢ | 16.0¢ | $32.40K | 195.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50000 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 32622 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.160 |
3 | 227800 | 0.155 |
6 | 69934 | 0.150 |
1 | 30070 | 0.145 |
2 | 57133 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 29620 | 2 |
0.190 | 35833 | 2 |
0.195 | 121821 | 2 |
0.200 | 642000 | 4 |
0.205 | 69795 | 2 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
OIL (ASX) Chart |