Balance sheet very weak. They must be busy refinancing the debt now. Mortgage less of a worry, but either they shift the 4m extra inventory in a speed to the satisfaction of its lender and pay down the working capital loan, or they need to raise capital. I don't think after the investment in sales force and continued R&D there will be much free cashflow to pay down the debt...
Great prospect but it will take a lot of time and money to achieve it... watching closely...
Balance sheet very weak. They must be busy refinancing the debt...
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $52.68M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.5¢ | $41.21K | 181.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83334 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 143478 | 4 |
View Market Depth
| Last trade - 15.36pm 27/08/2024 (20 minute delay) ? |
| EYE (ASX) Chart |