Yes its speculation that a CR will happen BUT if you read page 10 of the half yearly you will see that while they have $3.4 Million in cash they burn $1.5m per year in expenses & GP was only $0.164M ....So as a company why not CR now to fill the war coffers for future R&D & product development....Makes perfect sense & avoids having to obtain credit from the banks...Its cheap credit
Ann: Investor Update, page-29
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Last
51.5¢ |
Change
0.035(7.29%) |
Mkt cap ! $107.9M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 53.0¢ | 50.0¢ | $1.329M | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28629 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 11758 | 1 |
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| OCC (ASX) Chart |