Thats the catch 22 with these guys. No one will sign up with them if they dont have cash for a year or two, but the problem is the deals they then sign just seem to burn that cash for us. Not even remotely close to being cash flow positive and this raise says no hope for at least another 2 years. As always though, do we genuinely have cpp and eet?? If so then surely with those functional and verified and cash for 3 years there should be some developments.
The bottom line is we all are waiting for the next big deal but with no cash backing who will sign, unless they pay 5 mil up front which we seem incapable of negotiating for access to the "holy grail??"
Thats the catch 22 with these guys. No one will sign up with...
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Last
$1.27 |
Change
0.005(0.40%) |
Mkt cap ! $740.7M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.27 | $406.0K | 319.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13987 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 1380 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| PYC (ASX) Chart |