You will find that fully reported in the April 2023 4C,...

  1. 9,061 Posts.
    lightbulb Created with Sketch. 7847
    https://hotcopper.com.au/data/attachments/6771/6771257-ffb56006702c26aba5dad2b2d35a5a56.jpg
    You will find that fully reported in the April 2023 4C, incorrectly really, as customer receipts:

    https://hotcopper.com.au/data/attachments/6771/6771266-dd5a70fe0f6360fe586d3092daf1fa6d.jpg
    They forwent the forward royalties to early 2026, for the cash payment, and obviously the original January 24 included such royalities in the last calendar quarter for 2022.

    The share raise worked, for the company, in that it keeps the company a going concern and allows it to forecast forward growing revenues for its "5 revenue
    generating products in the United States and a further another 8 products in its development pipeline" to eventually provide return for all the capital invested in capital (share price) appreciation, if not dividends for many, many years.

    Basically its existing royalty streams were crap outside of Lenzetto, so it sold that (and had a further raise) to stay alive and be able to promise rosier forward royalties from its 'suite' of other products in, and coming to market, despite past under-performance (ergo the share price), at the risk of being patronizing - you did ask.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $8.155M
Open High Low Value Volume
2.1¢ 2.2¢ 2.0¢ $7.942K 390.7K

Buyers (Bids)

No. Vol. Price($)
6 565571 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 27574 2
View Market Depth
Last trade - 14.59pm 17/06/2025 (20 minute delay) ?
ACR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.