That may be true, but cash burn at current rates will require more capital to be raised, sooner than later. The company said as much in the App 4E issued 30th August - "The directors will review the requirement for additional working capital as the new financial year progresses." The uncertainty as to when that happens will keep a lid on prices for the time being, in the absence of some other positive announcement.
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Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $16.97K | 1.212M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 78846 | 1.3¢ |
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Price($) | Vol. | No. |
---|---|---|
1.5¢ | 15000 | 1 |
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No. | Vol. | Price($) |
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1 | 78846 | 0.013 |
3 | 234082 | 0.012 |
2 | 1318000 | 0.011 |
5 | 4420000 | 0.010 |
2 | 2066666 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 15000 | 1 |
0.019 | 350000 | 1 |
0.020 | 9795 | 1 |
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0.022 | 700000 | 1 |
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