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Oldbloke

953 Posts.

156

15/09/21

19:15

Post #: 56094238
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Originally posted by Spec: ↑

That may be true, but cash burn at current rates will require more capital to be raised, sooner than later. The company said as much in the App 4E issued 30th August - "The directors will review the requirement for additional working capital as the new financial year progresses." The uncertainty as to when that happens will keep a lid on prices for the time being, in the absence of some other positive announcement.

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See 'Going concern' section of this evening's announcement to market

ICR Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $2.348M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	52850	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	102819	2

View Market Depth

No.	Vol.	Price($)
2	52850	0.010
3	133187	0.009
3	250000	0.008
3	550000	0.007
3	433335	0.006

Price($)	Vol.	No.
0.011	102819	2
0.012	1081689	1
0.013	130000	1
0.016	50000	1
0.018	55555	1

Last trade - 16.12pm 14/06/2024 (20 minute delay)

ICR (ASX) Chart

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