This reads as revenue from the IP they licenced off Nanyang Technological University (NTU):
https://hotcopper.com.au/threads/ann-new-membrane-technology-added-to-de-mems-portfolio.4067116/
So I take it as a new source of revenue slowly ramping up.
With $700K received in April and strong order growth, what is the chance of cash flow positive this quarter? (2nd and 3rd quarters tend to be the strongest quarters).
Ann: DEM Reports First Revenues from New Forward Osmosis Membrane, page-3
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.31M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $4.003K | 34.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 87 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 39995 | 2 |
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| Last trade - 11.06am 23/05/2024 (20 minute delay) ? |
| DEM (ASX) Chart |