Massive cash burn and they only added 1 one ISS-Schrole customer in a 3 month period. Revenue doubled last year because of the ISS-Schrole deal and failing another one of these, there appears to be little to no chance of this happening
The bottleneck that has been feeding the ETAS increase (upgrade to TAE) came into effect on July 1 good chance the ETAS revenues will go backwards this quarter too
Luckily most of their revenue for the year will come in this quarter however at the current cash burn rate and lack of meaningful sales, they will likely be tapping the market again early to mid next year.
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Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.36M |
Open | High | Low | Value | Volume |
45.5¢ | 45.5¢ | 45.5¢ | $391.9K | 861.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 732872 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 297071 | 8 |
View Market Depth
No. | Vol. | Price($) |
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6 | 732872 | 0.455 |
5 | 221241 | 0.450 |
5 | 281235 | 0.445 |
1 | 20000 | 0.440 |
1 | 25000 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 297071 | 8 |
0.465 | 70000 | 2 |
0.470 | 60000 | 2 |
0.475 | 264000 | 2 |
0.480 | 417500 | 2 |
Last trade - 15.26pm 19/06/2024 (20 minute delay) ? |
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INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
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