I agree with your assessment of the numbers bioqld.
By RGS’ current projections they have about 3-4 months worth of cash left unless they draw further loans. The 5 odd million did not go far in strengthening the cash balance and our investments have been diluted in the process. But unfortunately this is all just a part of life in this space and is necessary for a company who generates no revenue and cannot strike a deal that provides upfront or milestone payments.
RGS’ language in their announcements implies certainty in getting this deal done. But it has been this way now for well over a year.
They really need to pull this off. I believe that when they do this will jump easily to 14-16c. Depending on the strength of the deal, it could even get over 20c.
- Forums
- ASX - By Stock
- CMB
- Ann: Appendix 4C - Quarterly
Ann: Appendix 4C - Quarterly, page-6
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMB (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
-0.045(11.4%) |
Mkt cap ! $4.175M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 35.0¢ | $46 | 127 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 1910 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75 | 0.355 |
1 | 1917 | 0.350 |
1 | 2500 | 0.200 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 1910 | 1 |
0.500 | 51 | 1 |
0.545 | 13403 | 1 |
0.600 | 2000 | 1 |
0.670 | 7238 | 1 |
Last trade - 13.58pm 09/08/2024 (20 minute delay) ? |
Featured News
CMB (ASX) Chart |