Well, a current cash burn of up to US$1m a month with funding of A$4m with a possible extra A$4m.
So that should suffice to get them through to at least the end of the March 2023 quarter or the end of the June quarter with the full A$8m.
Buys them time to either increase revenue or reduce expenses. They need to make use of this time to bring them to cash flow break even or preferably cash flow positive.
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Well, a current cash burn of up to US$1m a month with funding of...
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4.1¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 166999 | 4.0¢ |
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Price($) | Vol. | No. |
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4.3¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 501416 | 0.039 |
3 | 231001 | 0.037 |
2 | 128580 | 0.035 |
1 | 250000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 35000 | 1 |
0.047 | 350000 | 2 |
0.048 | 210000 | 1 |
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0.050 | 100000 | 1 |
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