Yep. Very unfortunate, I sold out recently at a big loss for 46 cents.
Cash burn with the focus away from the US was the final straw.
The below from the HY Auditors comments is a big warning for all current investors.
Material Uncertainty Related to Going Concern
We draw attention to Note 2.4 in the financial report, which indicates that the Group incurred a net loss of $10.945
million, net cash outflows from operations of $6.65 million and net cash outflows from investing activities of $1.410
million during the half-year ended 31 December 2023. As stated in Note 2.4, these events or conditions, along with
other matters as set forth in Note 2.4, indicate that a material uncertainty exists that may cast significant doubt on
the Group’s ability to continue as a going concern. Our conclusion is not modified in respect of this matter.
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- Ann: Appendix 4C & Quarterly Activity Report - 31 March 2024
Ann: Appendix 4C & Quarterly Activity Report - 31 March 2024, page-15
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Last
45.5¢ |
Change
0.005(1.11%) |
Mkt cap ! $51.25M |
Open | High | Low | Value | Volume |
45.0¢ | 46.0¢ | 44.0¢ | $19.9K | 44.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44643 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44643 | 0.445 |
5 | 50534 | 0.430 |
1 | 1200 | 0.420 |
3 | 38487 | 0.415 |
5 | 40965 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 16000 | 1 |
0.495 | 16309 | 2 |
0.500 | 121715 | 7 |
0.505 | 15102 | 2 |
0.510 | 8400 | 1 |
Last trade - 15.57pm 08/11/2024 (20 minute delay) ? |
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