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Probably right Bollinger. Started to have a look then noticed...

  1. honeysoy
    507 Posts.
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    24/08/21
    15:42
    Post #: 55532901
    Probably right Bollinger. Started to have a look then noticed they have been forced to raise twice in the last 4 months (April rights issue and July placement) plus also an investment sale in July and the June quarter tells me they have an estimated quarters of funding available of less than 1.
    was hoping to get an explanation that I was misreading the situation. good luck to everyone but it scared me away
    MAT Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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