You've hit the nail on the head. It was also interesting to note that their costs were largely in line with what was outlined in the prospectus. The issue is that the revenue growth seen with that cash burn hasn't been as expected and hence the falling SP.
You've hit the nail on the head. It was also interesting to note...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.826M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $8.968K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2440194 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 152677 | 1 |
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| Last trade - 15.54pm 02/07/2025 (20 minute delay) ? |
| OMG (ASX) Chart |