It seems to me that much of the additional cash burn is the company being proactive in relation to current COVID-19 impact on operations and supply chains. I think this is a good thing.
"Added inventory during the quarter to mitigate supply chain delay risks in the current environment. $14 million of inventory by sale value on hand to meet near term pipeline requirements
- The $2 million inventory spend for the quarter, reflects this inventory-on-hand scale up"
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
Add DRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.47 |
Change
0.065(4.64%) |
Mkt cap ! $1.067B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.48 | $1.39 | $3.944M | 2.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 16485 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 36872 | 11 |
View Market Depth
| Last trade - 10.18am 29/07/2024 (20 minute delay) ? |
| DRO (ASX) Chart |