Looking dire now.
W2V have a loan to be repaid of $1,179 by 27th April - next month.
They had $4,308,000 in the bank at 31 Dec. They are burning at least $1.2 mil a quarter.
Any revenue growth is anaemic to say the least.
Huge selling pressure from pre ipo stock issued at 16 cents now out of escrow and many holders looking to take the tax loss.
They will need to do a cap raise in the next quarter or some sort of con note financing..
There are plenty of well known funds stuck in this pile of sh!t.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.89M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $4.72K | 648.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3153887 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2416568 | 8 |
View Market Depth
| Last trade - 15.26pm 25/06/2025 (20 minute delay) ? |
| W2V (ASX) Chart |