Cash burn is why the share price has been going sideways, not up, even though there has been a steady stream of positive announcements.
I’m expecting a raise before the end of 2023. They won’t let it run down too far and they have a lot of expenses to run a ph3 coming up.
I doubt they’ll do a partnership at this point unless the offer is amazing. Given results and potential they shouldn’t have trouble getting funds to take this deeper. Looks like a winner to me.
Ann: Clarity Establishes US Center of Excellence for Research, page-18
Add CU6 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.44 |
Change
0.350(6.88%) |
Mkt cap ! $1.620B | |||
| Open | High | Low | Value | Volume |
| $5.20 | $5.48 | $5.16 | $7.015M | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 324 | $5.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 1050 | 1 |
View Market Depth
| Last trade - 12.40pm 11/07/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |