Cerainly requires a turnaround in sales as they continue to set record lows. Hard to believe that two years ago the company had over double the revenue. Corporate overheads haven't been cut as a consequence and they have now reached 29% of revenue.
Well overdue for a capital raising. Receivables plus cash is $3.9M while payables are $5.7M.
Ann: Appendix 4D and Half-Year Report, page-2
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Mkt cap ! $4.486M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 100000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 30000 | 1 |
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