A lot of things in this report but from a quick read, unfortunately the balance sheet is looking extremely stretched. $69.8M cash plus $16.5M receivables due, versus current liabilities of $169.7M of which a huge chunk is payables due:
Seems like they’ll need another capital injection, or the state to agree to keep kicking the royalties down the road.
A lot of things in this report but from a quick read,...
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Last
6.8¢ |
Change
-0.005(6.85%) |
Mkt cap ! $193.3M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.5¢ | 6.4¢ | $454.0K | 6.604M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 80584 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 99999 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
-0.005 ( 6.46 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.3¢ | 6.4¢ | 934515 | ||
| Last updated 15.54pm 16/05/2024 ? | |||||
| BCB (ASX) Chart |