WOW.
Because this company is so boring, nobody bothered to read the Dec 24 quarterly Appendix 5B, released on 23 January 2025, together with the all important Item 8.7, which showed 28.22 quarters of funding in the tank, based on cashflow burn.
Well, a month later (27 February 2025) the company got around to correcting the App 5B, and lo and behold we now see that there are 1.83 quarters of cash left....and so the company had to respond at Part 8.8 about what it was going to do about the dire financial situation, and a CR is what the company reckons might fix it.
This management are dolts. Nearly all of the announcements by this company are later amended/corrected. Not professional IMHO.
Good Luck required.
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 10696 | 1 |
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| Last trade - 16.14pm 13/06/2025 (20 minute delay) ? |
| IVR (ASX) Chart |
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