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
Yes its speculation that a CR will happen BUT if you read page...
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Last
62.5¢ |
Change
-0.015(2.34%) |
Mkt cap ! $149.4M | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 64.5¢ | 62.0¢ | $124.1K | 195.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12045 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 20258 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| OCC (ASX) Chart |