They'll likely need to raise in June qtr as the cash burn continues unabated. Need to see some massive expense cuts or revenue jump which doesn't seem likely. QoQ Adapt sales were down which you don't want to see in the early stages of growth in a large market opportunity. If AHZ are always 2 qtrs away from a massive equity raising, with no clear potential for a positive step change in near term financials, the SP is likely to end up in a death spiral.
Ann: Appendix 4C - quarterly, page-4
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Last
$18.20 |
Change
0.200(1.11%) |
Mkt cap ! $349.8M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.20 | $17.65 | $78.15K | 4.366K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 619 | $17.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.20 | 146 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |