oh dear - cash nearly gone, no sign of any revenue coming in the door...alarm bells.
You know when a company is in financial trouble when they rely on a government R&D Tax incentive - drawn in advance - to stay afloat.
IMO if they are to continue as a company they will have no other choice but to do a Share Consolidation, this diluting existing shareholders and kicking the can down the road.
As of this morning, 94 million chances to exit the company with something to show for it - IMO strong sell.
Ann: Appendix 4C - quarterly, page-2
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $739 | 261.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 27014353 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5066937 | 5 |
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| Last trade - 15.59pm 29/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |