I think part of the capital raise was not only for the sales team expansion, but also to strengthen the balance sheet. Hospitals would be a little more reluctant signing contracts with a company with poor financials. They need to feel secure the company and the tech they have signed up to will be around in the foreseeable future.
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Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $84.57M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.4¢ | 6.3¢ | $31.92K | 505.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 667177 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 166666 | 2 |
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| Last trade - 15.34pm 06/09/2024 (20 minute delay) ? |
| ALC (ASX) Chart |