Unlikely.
$4m net cash at Jan 2022, burning very little at present (maybe $100k-200k a month).
CF Breakeven flagged within the next 3 months. At worst, ~$3m net cash remaining at this point.
Not sure why they'd need to raise anymore cash, unless they bought something...
Also remember they have significant expenses in the US sales force they can reduce if required.
Ann: IMEXHS Strategy Presentation, page-7
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Last
50.0¢ |
Change
0.020(4.17%) |
Mkt cap ! $22.76M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 50.0¢ | 45.5¢ | $12.35K | 25.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6034 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 9000 | 1 |
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| Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
| IME (ASX) Chart |