Wow, that's some great analysis Saragian!
With the cash burn so high still, they may need to raise before April / May next year.
You wouldn't want to raise after April, as tax loss selling will start to bite sharply.
I've watched MVP have a great product, but struggle to get to cash flow breakeven.
Probably some similarities in that chart as well, where the spikes get sold!
Charts NXS, page-904
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Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $61.35M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.0¢ | $8.512K | 39.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5139 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 5000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |