Definitely looking good in the medium to long term at the moment. This presentation in my opinion is not for Retail Investors. I think partnerships , licensing and so on are going to take some time to arrange. Current valuation is imo are based on the previously quarterly as they are the last financials presented.
The cash position as at 31 December 2023 was $3,682,259In January 2024 the company repaid $600,000 of the loan with Treasury Corporation of Victoria (TCV)
They still have a $1 400 000 ( $1.4 million ) payment to make by next month 30/4/24 so it seems they are going to need raise funds very soon. A CR seems to be coming up which should give them time to negotiate the best deal for the company and investors.
Definitely looking good in the medium to long term at the...
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $14.38M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.7¢ | $9.445K | 348.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21405 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 681148 | 3 |
View Market Depth
| Last trade - 13.13pm 03/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
-0.002 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.7¢ | 269805 | ||
| Last updated 13.13pm 03/05/2024 ? | |||||
| 1AD (ASX) Chart |