They actually don't need the money or at least don't have any imminent need if they do not go big on R&D and on the Xprecia FDA trials for self testing in the near term. My suspicion is that they might look to pull the whole CR for now and maybe, with the FDA approval now secure, look at finding a debt facility and revisit a CR to fund the "new" growth some point down the line. I think would be positive for the share price if they did this.
They actually don't need the money or at least don't have any...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.23M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $4.725K | 35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 211185 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 100000 | 1 |
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| Last trade - 12.36pm 20/06/2024 (20 minute delay) ? |
| UBI (ASX) Chart |