cash burn is still too high for my liking and I can't stomach looking at the costs associated with raising capital (not to mention the options and continued dilution).
I really wish they just do a roadshow to sophisticated investors / family offices and announce that they've managed to raise funds at a premium and without the massive fees and freebie options.
IMO the story is compelling and the trials/results are advancing nicely, I'm really not sure why this can't be done and raises continue to be done at a discount.
I wonder how the market reacts to this on Monday?
Hold | Held
cash burn is still too high for my liking and I can't...
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Last
$6.00 |
Change
-0.030(0.50%) |
Mkt cap ! $92.99M | |||
| Open | High | Low | Value | Volume |
| $6.01 | $6.03 | $5.84 | $85.53K | 14.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 333 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| AVR (ASX) Chart |