It's a pretty healthy cash position.
The only thing that bothers me is how much the wages expenses is. They're not scared to pay themselves that's for sure.
I think I saw NZTrader say it's in the vicinity of $6million. Based on that, and assuming wages are paid by MMJ, then $4m will only last 8-9 months on wages let alone other running expenses.
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $10.72M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.1¢ | $11.47K | 225K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 154010 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 36667 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 154010 | 0.051 |
1 | 51011 | 0.050 |
1 | 75000 | 0.048 |
1 | 1000000 | 0.047 |
1 | 250000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 36667 | 2 |
0.055 | 129870 | 1 |
0.057 | 16111 | 1 |
0.058 | 45081 | 3 |
0.060 | 31852 | 2 |
Last trade - 11.41am 04/10/2024 (20 minute delay) ? |
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HGV (ASX) Chart |