Agree - I had a similar conclusion that margins needed to increase and sales to have growth >50% QoQ continually to break even. Anything else would be a bad quarter when losing this much. Capital Raise is imminent, they don't have 12 months of runway with the current capital. Once nearing/is breakeven and cashed up, i'll buy in.
Ann: Quarterly Activity and Cashflow Report, page-47
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $19.81M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $20.76K | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156600 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 9785042 | 14 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| CCO (ASX) Chart |