Unfortunately @durray I think your right...seen this all before.
TON have approx $5.7 M in cash at quarter ending 31st March...with a forecast cash burn of $2.244 M next quarter... So cash position would appear not to be the concern.
The ASX are obvious concerned about something else...you will just have to wait patiently to find out....you'll go mad speculating.
It's all part of the Risk v Reward in the spec side of the market.
Hope for holders sake that trading recommences...but be prepared for the alternative reality.
Unfortunately @durray I think your right...seen this all before....
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $14.11M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $28.26K | 2.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1300888 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 733883 | 3 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |