"Funding Requirements Based on our current operating plan, we do not have sufficient capital to continue our operations for a significant period of time beyond December 31, 2018. We plan to raise additional capital in the future to support our operations. "
That is probably the one of two reasons why this stock is getting hammered. Slower rate of growth than what was hoped for, and almost certainly will need more money. It is possible they could hit break even without additional funds but it would be cutting it too close and irresponsible to gamble like that.
Lets hope when this finally happens us retail holders will finally get a look in at some cheap prices in a SPP.
"Funding Requirements Based on our current operating plan, we do...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.684M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 29583410 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 59394450 | 39 |
View Market Depth
| Last trade - 16.13pm 20/06/2025 (20 minute delay) ? |
| AXP (ASX) Chart |
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