Great announcement and I'm hopeful for a good improvement in the SP. My concern currently is that as of yet we haven't seen much revenue on the quarterlies (although from all the recent positive announcements, it is around the corner...)
With cash decreasing about 1M per quarter and 1.9M on hand as of last quarterly, it won't be long before we need to raise more capital. Unfortunately most companies who raise capital have to do it at a discount to current SP and especially true for those pre-revenue.
I'm keeping a small holding but will wait for the next CR to either participate or buy on-market.
Great announcement and I'm hopeful for a good improvement in the...
Add LU7 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $10.70M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $14.08K | 533.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74885 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 43565 | 2 |
View Market Depth
| Last trade - 15.29pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.7¢ |
Change
0.002 ( 8.00 %) |
||||
| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.5¢ | 118047 | ||
| Last updated 13.24pm 03/05/2024 ? | |||||
| LU7 (ASX) Chart |