Reading a little deeper into the numbers this morning:
- Net loss of 13.5 million, however last FY had one off share-based payments
- Cash flows are sitting closer to $7 million loss.
- Hefty R&D rebates still in place
- $20 million cash in the bank
To me it looks like plenty of money with their current cash flow.
Also, top 20 shareholders still hold half the stock. The fact no one in the top 20 is selling is a great sign to me!
Ann: Annual Report to shareholders, page-2
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Last
64.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.5M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 64.0¢ | $31.74K | 49.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24674 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 235 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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65.0¢ |
Change
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| Open | High | Low | Volume | ||
| 64.5¢ | 65.0¢ | 64.0¢ | 5994 | ||
| Last updated 11.57am 03/05/2024 ? | |||||
| RCE (ASX) Chart |