This figure of 14.2% highlights an even bigger issue:
If SPX can't maintain > 15% QonQ revenue growth with current $3m p/q cash burn, then they will either go under or need a CR to stay afloat.
As I said before - we are on a knifes edge. The runway won't be long enough.
The market is not stupid..... hence the tanking SP.
It's just the beginning for Spenda!, page-94
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.59M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $5.233K | 659.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7627966 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4085417 | 12 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |