"If management were so cautious with deals why did they sign thay last one pre readout????"
That's pretty easy to understand! They needed the funding. To acquire $10M in non-diluting finance, when the share price was only 7c, was a coup for shareholders.
Now that they are fully funded they can bide their time and be as 'cautious' as they want. For a micro cap start up, they are now in an enviable bargaining position.
Nina mentioned 1-2 years for further deals so you can take that as a guide that they are not going to rush things. However, if one or more of those potential deal partners pays up it could happen any time.
Ann: Investor Presentation, page-157
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Last
56.0¢ |
Change
0.035(6.67%) |
Mkt cap ! $308.1M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 57.3¢ | 50.5¢ | $2.179M | 3.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30558 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DXB (ASX) Chart |