Reading a little deeper into the numbers this morning:
- Net loss of 13.5 million, however last FY had one off share-based payments
- Cash flows are sitting closer to $7 million loss.
- Hefty R&D rebates still in place
- $20 million cash in the bank
To me it looks like plenty of money with their current cash flow.
Also, top 20 shareholders still hold half the stock. The fact no one in the top 20 is selling is a great sign to me!
Ann: Annual Report to shareholders, page-2
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Last
53.0¢ |
Change
-0.035(6.19%) |
Mkt cap ! $108.1M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 59.5¢ | 53.0¢ | $44.26K | 78.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 8341 | 1 |
View Market Depth
| Last trade - 15.55pm 11/06/2024 (20 minute delay) ? |
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Last
54.0¢ |
Change
-0.035 ( 4.42 %) |
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| Open | High | Low | Volume | ||
| 55.5¢ | 55.5¢ | 54.0¢ | 3603 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| RCE (ASX) Chart |