I should also add, though perhaps not relevant until they can prove sales, that they wrote off $13.4m in goodwill and $5.5m in deferred tax assets in August 2023. These are potentially recoverable upon making profits - not to be sneezed at. They were written off because they failed to make sales milestones at the time the financial statements were being prepared and would have been pressured by auditors to take the non cash hit, as accounting standards would have required them to write them off and not show them as assets in the balance sheet. That doesn't mean the DTA's have gone though. They are still recoverable in the future
For context, $5.5m in DTA's is 15% of the current market cap. This would of course, just be icing on the cake and probably 2 or 3 years down the line, if profitability eventuates
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I should also add, though perhaps not relevant until they can...
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Last
1.9¢ |
Change
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Mkt cap ! $25.45M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $11.97K | 630.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 85361 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 85361 | 0.019 |
8 | 1409999 | 0.018 |
4 | 496824 | 0.017 |
2 | 280000 | 0.016 |
2 | 165000 | 0.014 |
Price($) | Vol. | No. |
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0.020 | 100000 | 1 |
0.022 | 250000 | 2 |
0.023 | 514488 | 3 |
0.024 | 900000 | 7 |
0.025 | 1060253 | 8 |
Last trade - 15.55pm 03/05/2024 (20 minute delay) ? |
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Change
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Last updated 13.55pm 03/05/2024 ? |
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