Cash burned too quick, more than $15m in last 2 months. The cash on hand can only support 1 month if there isn't any material change. The next step to OBM should be:
1, Significantly improve the operation, or
2, CR again, or
3, Sale asset, or
4, Get loan from somewhere (banks, large shareholders or others)
Fingers Crossed!
Ann: Operational Update, page-43
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $743.7M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $572.3K | 1.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72533 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 30230 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OBM (ASX) Chart |