Revenue is only one side of the equation and means very little without knowing the expenses.
I would much rather Qpm announce they have further reduced expenses.
QTR will be very telling, none of the management have walked yet. Plenty of upper management hired for a nickel project which has been side lined and yet they are being paid top dollar.
What was the burn rate last QTR? $20 mil or $30 mil and what is the estimated profit this QTR $10 mil?
I will be very surprised if Qpm is cash flow positive.
Revenue is only one side of the equation and means very little...
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $88.55M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.3¢ | $228.6K | 5.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159614 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 374204 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
-0.001 ( 3.93 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 4.7¢ | 4.4¢ | 3443694 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| QPM (ASX) Chart |