To be honest I am surprised it’s not down further. On 23 Jan they forecast revenue of $18-23m for FY17, less than 4 months later that’s turned into $11-14. Given they had $6.4 in the bag, the downgrade for 2H is from $11.6–16.6m to $4.6-7.6m. They have expenses at $20-22m and maybe a touch over $5m cash – they are in trouble without a large capital injection or lifeline from a t/o.
To be honest I am surprised it’s not down further. On 23 Jan...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $36.91M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.5¢ | $10.68K | 85.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 975281 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 337482 | 11 |
View Market Depth
| Last trade - 13.03pm 04/06/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.003 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 114193 | ||
| Last updated 14.55pm 04/06/2024 ? | |||||
| AVA (ASX) Chart |