AS1 asara resources limited

They are about to spend 2.2M including the production expenses I...

  1. 1,858 Posts.
    lightbulb Created with Sketch. 191

    They are about to spend 2.2M including the production expenses I guess. So the real shortcoming will happen from their capex. With 1M sales the previous quarter they only had 400k losses, but with 900k expenses for capital growth their shortcomings were 1.2-1.3M so in a sense if they spend gor capex the same amount again then it seems their money will end during this quarter...

    It seems they will need a CR very soon. In this case the SP is not waranteed.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $59.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 84 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 82700 2
View Market Depth
Last trade - 07.10am 25/07/2025 (20 minute delay) ?
AS1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.