They have 30mil in the bank, so no need for more cash to develop software.
The only exception for a capital raise, as you've pointed out, is an acquisition. But with the amount of cash they have now, the need for a capital raise to acquire a business would mean the business is of considerable size. Especially considering any acquisition would likely be a mix of scrip and cash.
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Last
9.0¢ |
Change
-0.006(6.25%) |
Mkt cap ! $30.30M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.0¢ | $19.21K | 206.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20866 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3866 | 0.090 |
1 | 5000 | 0.070 |
1 | 300000 | 0.066 |
1 | 20000 | 0.065 |
2 | 263908 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 5000 | 1 |
0.096 | 97000 | 1 |
0.097 | 49969 | 1 |
0.098 | 8000 | 1 |
0.100 | 26674 | 3 |
Last trade - 15.55pm 04/10/2024 (20 minute delay) ? |
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