The company estimates it will use approx. $2mil in cash this quarter . With a cash balance of around $6mil , and at a burn rate of $2mil per quarter, the company will require another capital raising in approx 6months.
This assumes no revenue?
Any guesses how much it will seek to raise and when ?
When does the company expect to earn some revenue?
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Last
27.0¢ |
Change
0.015(5.88%) |
Mkt cap ! $411.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.3¢ | 25.5¢ | $595.9K | 2.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4302 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 25000 | 2 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| TTT (ASX) Chart |