Most of their cash reserves came from capital raise(s).Its not really a successful business model in the long run as shareholders eventually get Jack of this type of money grabbing..Now if their cash reserves was from profits, then u would have valid point, but this is not the case.
Under $0.15, page-151
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Last
11.3¢ |
Change
0.013(12.5%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $2.606M | 23.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 906685 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 4184584 | 69 |
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| CXO (ASX) Chart |