I like the company and the contracts with the government but i really cant see how they are going to get by without a capital raise or a convertible note as per the going concern basis accounting states. Even the cloudaron shares have dropped about 40% since the beginning of the year. Not sure how they can state they have a strong balance sheet. They even mention the accounts receivable, but forgot to mention the accounts payable which is 300k more. Does anyone think they will be able to get by with out more cash?
Ann: 61% Revenue growth, well positioned for strong 2HFY23, page-2
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $7.619M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $3.512K | 104.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127815 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 77558 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
3.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.3¢ | 3.3¢ | 3.3¢ | 2442 | ||
| Last updated 12.25pm 06/06/2024 ? | |||||
| 8CO (ASX) Chart |