Sorry to spoil the party but I doubt shorters are going to cover on US$828K receipts when they are burning US$4.9M in opex (1.2a-f) and are valued at A$665M. Ignore the fluff and read the numbers, the only thing keeping them afloat is the LDA loan shark agreement which is helping to kill the share price. It's not sustainable and it explains why management pay themselves so much money, whilst they can.
Ann: Appendix 4C and Quarterly Activities Report, page-21
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $526.9K | 3.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 416470 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1427659 | 31 |
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| BRN (ASX) Chart |