'' But I think the underwriter might be putting up a wall at 1.1 cents, so they can make their 10% profit. The underwriter has an incentive to keep the SP above 1 cent so they can get their money back.''
Aren't those statements contradictory?
Last quarter they had net cash flows from operating activities of $48,000....against almost 1.8 million in expenses
How long do you think the cash will last at this rate?
They have loans to the bank in Israel of almost 1.7 million and $587 000 of that is due for repayment on 1 July 2023
There is nothing on the bid between 0.009 and 0.001
And yet people can't understand why it's valued where it is
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5649657 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2495221 | 3 |
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| Last trade - 16.12pm 19/06/2025 (20 minute delay) ? |
| W2V (ASX) Chart |
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