I'm a long time holder. But seriously these guys need to reign in their expenditure. Compared to 30th June 2021, they've increased their Borrowings by $1million and spent $10 million of their cash reserves. In the meantime, year on year revenue growth is negligible and losses have ballooned out to a loss of $7m.
This feels like a recipe for disaster. Will they ever attain meaningful revenues to get to cashflow breakeven? I can't see it happening.
Ann: Investor presentation - H1 FY22 results, page-35
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Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 185800 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 2196 | 1 |
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