Cash at beginning of qtr = $9.047M
Cash At end of qtr = $5.67M
So another $3.377M torched, or $13.5M annualised.
$5.6M left in the bank, with no signs that cash burn will diminish.
At that rate, will have $2.3M in the bank by end of 2023. So raising funds in Q1 2024.
Needs a pump, pronto
Ann: Quarterly Activities Report September 2023, page-2
Add LIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.32M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $34.87K | 1.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1869519 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 772833 | 6 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LIT (ASX) Chart |