At June 30 they had $150m cash, according to diggers preso.
According to cap raise announcement, after raise if $100m, will have programs cash of $200m.
Think that means they have burned $50m cash in two months. Notionally only had 4 months worth of cash.
the longer they waited to raise. The lower the share price. The more dilution.
I sold mine at 90c. I bought at 120c. So took my licks. Looks like a serious dog to me.
Good luck to you.
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Last
9.1¢ |
Change
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Mkt cap ! $194.4M |
Open | High | Low | Value | Volume |
9.1¢ | 9.3¢ | 9.0¢ | $1.180M | 12.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 144566 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 1123687 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 144566 | 0.091 |
11 | 1396854 | 0.090 |
7 | 339050 | 0.089 |
10 | 584356 | 0.088 |
9 | 303145 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 1123687 | 5 |
0.093 | 539905 | 7 |
0.094 | 274219 | 6 |
0.095 | 363400 | 8 |
0.096 | 347472 | 7 |
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