Oh yes we are going to get diluted a lot for the next year or two - before things start getting better.
Apart from cash for ops, they also need cash to acquire a few more targets companies (potentially) - sales via these partnerships are not sustainable in the long run given the associated expenses. They need to follow a direct to customer model which is a challenge until they are well known in the market.
So it doesn't matter if sales goes to 2 mill or 3 mill or 4 mill - of those partnership expenses go up with sales, they are not going to get cash positive any time soon.
Oh yes we are going to get diluted a lot for the next year or...
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Last
6.9¢ |
Change
-0.001(1.43%) |
Mkt cap ! $7.559M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 7.0¢ | 6.8¢ | $159.7K | 2.306M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8582 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 14200 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
-0.001 ( 1.43 %) |
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| Open | High | Low | Volume | ||
| 6.9¢ | 7.0¢ | 6.9¢ | 206338 | ||
| Last updated 15.48pm 24/05/2024 ? | |||||
| OSX (ASX) Chart |