My understanding is that the $15M is only a requirement to list. Not an ongoing requirement. As an operating company they have $8.75M in cash and at call deposits so they are not at risk. The summary for this company is that they have great products and poor sales execution. If they fix the sales the company is worth much more.
Ann: Notice of Annual General Meeting/Proxy Form, page-16
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 266991 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 6896 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| AEI (ASX) Chart |
Day chart unavailable