Generally concerned with the low cash on hand. The amount of time and money wasted on Ecogas is ridiculous and now shareholders are left holding the bag. I know for a fact my shares are basically worthless right now. It's another 6 months wasted when they could have been constructing VIC1 and SA1 in that time. I also think Yarra Valley is a mistake, how is an $8m marketcap company with $2m in cash going to complete a $45m project? After Ecogas I would of never touched an EPC contract again and just focused on joint ventures with Palisade & Brickworks.
Without the Ecogas disaster I'd say we would of been at a $25m marketcap right now and progressing strongly.
Ann: March 2023 Quarterly Activities & Cash Flow Report, page-4
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Last
4.7¢ |
Change
0.005(11.9%) |
Mkt cap ! $10.13M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.7¢ | 4.0¢ | $3.803K | 86.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 319315 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 4080 | 1 |
View Market Depth
| Last trade - 15.53pm 10/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
0.005 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.5¢ | 4.3¢ | 83714 | ||
| Last updated 15.32pm 10/05/2024 ? | |||||
| DEL (ASX) Chart |