Ok but the additional work on seismic in imho greater than $160k circa.
Mate when they hit 500k left in cash that is when imho any small cap investor might be a little nervous re trending towsrds insolvency is all. Hence prudent board imho will raise cash this or next quarter with or w/o a farm out deal.
I like ipb acerage and v low mc but not theie v low cash pisition.
I will xontibue to watch from the sidelines..
Glta
Adl
Ann: Sept 2018 Qtly Activ. & App 5B, page-6
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.238M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $36.42K | 5.215M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3951594 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1507244 | 2 |
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| Last trade - 15.50pm 09/07/2024 (20 minute delay) ? |
| IPB (ASX) Chart |