There is barely $3m in cash left and the burn rate for 'other working capital', whatever that entails, is around $20m this year. If quarterly net cash flow is of the order they have just reported then they are not going to continue operations without another raising or placement.
Ann: Market Update and Appendix 4C-SIT.AX, page-6
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Mkt cap ! $6.305M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 31021206 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 32739497 | 13 |
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