agreed , but odds are that the cash burn will increase upon engaging within the new venture so I don't think the funding will stretch the current 7.66 quarters.
unless the new venture is cash flow positive from day 0.
Ann: Quarterly Update & Appendix 4C, page-4
Add 1CG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $34.45K | 2.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1115384 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3859026 | 5 |
View Market Depth
| Last trade - 13.16pm 08/11/2024 (20 minute delay) ? |
| 1CG (ASX) Chart |