This will make it something like 10 years + $51m of capital which is now worth only $12m.
With their current burn Vs growth rates - they will need another top up before they break even. Despite all the big names they drop - there is not a lot of revenue to show for it.
When you google "escalating commitment to failure" you should see images of Felix board members.
Ann: Presentation - $3m Placement and Launch of SPP, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.76M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $4.395K | 25.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30280 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1885 | 2 |
View Market Depth
| Last trade - 14.52pm 28/06/2024 (20 minute delay) ? |
| FLX (ASX) Chart |