ADR 11.1% 1.0¢ adherium limited

They've delivered on revenue and net cash guidance, although Q4...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,993 Posts.
    lightbulb Created with Sketch. 105
    They've delivered on revenue and net cash guidance, although Q4 revenue was flat compared to Q3.

    Costs in Q4 were $3.5m. Interestingly, forecast costs for Q1 18 are $5.9m. Hopefully, that's an indication of an upcoming step change in revenue. It's mainly staff costs, which is a slight concern, but there are also development and production cost increases.

    I would imagine that a capital raising will be coming soon.
 
watchlist Created with Sketch. Add ADR (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $7.585M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $24.45K 2.445M

Buyers (Bids)

No. Vol. Price($)
5 435439 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 247634 1
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
ADR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.