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...
Add OCC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.59M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.5¢ | $27.34K | 70.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3543 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 13538 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| OCC (ASX) Chart |