Net loss of $700'000 for the month (second in a row), allocated against a working capital borrowing facility. What I don't understand is why someone would lend the company money when the cash burn rate is as bad as I have ever seen (relative to the market capitalisation of a company).
That's a $1.5m loss in a mere two months. Does anybody have the slightest clue where it's all going?
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.89M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.0¢ | 9.5¢ | $55.08K | 568.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 274596 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 130655 | 2 |
View Market Depth
| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| TEK (ASX) Chart |