ABV 0.00% 5.5¢ advanced braking technology ltd

Hmm .. why have an investor presentation unless a CR was on the...

  1. 472 Posts.
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    Hmm .. why have an investor presentation unless a CR was on the cards? Looks like they have circa $700k cash position atm ... an increase over the last quarter which is good but not a huge amount. Profit margins are up to 50% which is great news moving forward. There is expanding potential income through diversification as we have noted before. Do we really need a CR at this stage or can we continue to develop organically, that is the question. I would think a Coy in this position should be able to get some sort of drawing facility reasonably easily if needed rather than having to dilute SH's holdings. Maybe I'm wrong, maybe there's no intended CR but then you have to ask the question.
 
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Mkt cap ! $20.97M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $3.193K 58.05K

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No. Vol. Price($)
1 200000 5.3¢
 

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Price($) Vol. No.
5.5¢ 458833 2
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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