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8.33% 3.9¢ ecofibre limited

Ann: Appendix 4C, page-2

  1. amb005
    7,352 Posts.
    lightbulb Created with Sketch. 2812
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    10/11/21
    00:03
    Post #: 57443951
    Another capital raising seems to be on the cards here soon, under $5 mill cash in bank, and thats what they spend on their staff and admin costs per quarter.

    They do have some more cash coming in with options excercised and some other payments, but not enough cash to last out another year, expect a discounted CR within the year imo.
    EOF Price at posting: 76.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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