I was mainly replying to the quoted post regarding the Directors doing a great job. Hopefully they can turn it around now they're here.
Spend of ~$2m plus the big salaries now, means that you have maybe 9 months cash on hand currently..... and that's without money to pay for the new deals or expanding or whatever else is apparently assumed.
I think for the info at hand currently, news will be needed ASAP to keep this valuation of $30m with no actual deals/ revenue/ progress.
I like the product, and think there is a future here, but at these prices I would need to see some progress and a way forward without more dilution and uncertainty. Until then, my order remains at .008c. Under the gap left behind, and at a more reasonable risk/ reward of $17m MC.
With some news of deals or progress I think the current market cap is possibly supported.
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Last
1.4¢ |
Change
-0.001(3.57%) |
Mkt cap ! $8.017M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $1.454K | 106.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 586464 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1219221 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 586464 | 0.013 |
9 | 796866 | 0.012 |
5 | 1654362 | 0.011 |
4 | 523000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1219221 | 5 |
0.015 | 737250 | 2 |
0.016 | 1246400 | 4 |
0.017 | 1302327 | 4 |
0.019 | 551904 | 2 |
Last trade - 15.59pm 28/08/2024 (20 minute delay) ? |
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