AHI 0.00% 9.2¢ advanced health intelligence ltd

Hit another 52 Week Low today at 23c. The appendix 4D at 31 Dec...

  1. 95 Posts.
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    Hit another 52 Week Low today at 23c. The appendix 4D at 31 Dec 21 showed Net Tangible Assets per share of only 7.3c. Given the monthly cash burn rate the NTA will be declining every month and given they keep issuing more Performance shares the number of shares goes up and therefore the NTA per share goes down further. If there is so little revenue and huge cash burn rate then why is AHI trading at 3.5x the December NTA value ?
    I would like to buy some because the concept looks good, but it looks too expensive.
 
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