Cash burn is high for the market cap but as pointed out they have only to make sales for the market cap to triple,
and they do have a far better sales person than the previous one. at least this sales person has a good track record in sales.
I dont own as sold out at .07 after a 40% loss.
it seems no one wants sheep collagen despite all the PR hype but that could change.
As for Carter needing funds by going to Sydney at least he is not in siege mentality locked in his office.
capital raising, page-10
Add VIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.7¢ |
Change
0.001(1.04%) |
Mkt cap ! $55.85M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $23.72K | 240.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 162123 | 6 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| VIT (ASX) Chart |