Help me understand.
According to the half yearly, the company had $5m in cash as at the end of December. At the end of Feb we received another $4m.
So lets say they spent $1m between Jan & now, that leaves $8m, ie the company's MC.
Does the market really believe that the company has nothing of value?
The other thing I'm scratching my head over is the 25m shares issued yesterday at .004. Why when the company has $8m in cash?
Anyhow i still believe we're about to get news that will push SP much higher.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.060M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $11.72K | 2.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2757364 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15260220 | 25 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| CHM (ASX) Chart |