Likely to need a cap raise given the timelines and cash burn QoQ, but its nice to get guidance on their pipeline estimates. If anything these things take longer than expected, Lightforce as an example.
You'd think that 20-25 is achievable without news as major selling has finished and minor news flow supplements the SP, with the prospect of something inked earlier.
Ann: Investor Presentation, page-6
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18.0¢ |
Change
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Mkt cap ! $68.23M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $126.1K | 712.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 279570 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 28453 | 2 |
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| AL3 (ASX) Chart |