$5.2m in the bank at end-Dec + further $600K from tax rebate received in Jan = $5.8m
Forecast outflows for Q3 = $3.2m
This would leave $2.6m (ie less than 3-months cashburn).
No revenues in sight ...
Looks pretty certain they will need to raise cash. Probably playing chicken at the moment - hoping to be able to report CE Mark progress before announcing the cap-raise.
$5.2m in the bank at end-Dec + further $600K from tax rebate...
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Last
$1.18 |
Change
0.160(15.7%) |
Mkt cap ! $16.49M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.18 | $1.03 | $51.49K | 47.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1817 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 830 | 1 |
View Market Depth
| Last trade - 15.27pm 26/06/2025 (20 minute delay) ? |
| OSL (ASX) Chart |