That 4C represents three successive quarters of negative operational cashflow totalling -$4.6M.
No debt has been repaid they still owe $5.5M,
Sales for the quarter $1.1M, a bit dissappointing.
If they are reporting a profit or near profit they must be capitalising the development costs. Lets hope they are not over capitalising, rendering the projects unviable?
At this burn rate they will need another cap raise. Hopefully the CEO can do some more singing and dancing to get the market cap up for a reasonable CR, they need some breathing room.
These developments can take years, quick to build but massive red tape to get through to shovel ready.
Ann: MPower Expands Pipeline of Renewable Energy Sites to Nine, page-5
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $4.812M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $7.259K | 518.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 262944 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 14100 | 2 |
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| Last trade - 14.14pm 07/06/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
0.001 ( 7.69 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 21500 | ||
| Last updated 12.33pm 07/06/2024 ? | |||||
| MPR (ASX) Chart |