I think their big problem currently is if they use the same amount of cash that they did last quarter in this quarter then they will close to running out of money. They had $4.2M at the start of last quarter and $2.9M at the end of it. They also seem to have some very high interest rate borrowing recently, albeit small amounts. If they can prove they are not still burning cash this quarter (in the next Quarterly) then share price will likely go up.
Ann: 2022 Q1 Quarterly Activities Report and Appendix 4C, page-13
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 130000 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 30767 | 2 |
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