VIT 4.88% 8.6¢ vitura health limited

cash reserves running out..., page-8

  1. 142 Posts.
    Steady on chaps. No need to get precious now. I too hold shares in this company and never doubted they would build and commision the processing plant. I also happen to believe that they WILL produce quality collagen and that it WILL make it to market.

    The point that I raised in my original message on this thread was that cash reserves appear to be running low. This assessment is based on factual information supplied by the company NOT subjective conjecture on my part.

    I'm not suggesting for a moment that CAU will "...close up shop" as "sirbernie" suggested previously on this thread BUT it is conceivable that they MAY need to raise additional cash to keep things going. Obviously this may have a negative impact on share price in short term, which obviously wont sit well with the rampers on this board, but this is a possiblity.

    Constructive feedback welcome.



 
watchlist Created with Sketch. Add VIT (ASX) to my watchlist
(20min delay)
Last
8.6¢
Change
0.004(4.88%)
Mkt cap ! $49.52M
Open High Low Value Volume
8.3¢ 9.0¢ 8.1¢ $64.57K 765.1K

Buyers (Bids)

No. Vol. Price($)
1 79804 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 6250 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
VIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.