Based on the revised quarterly they had $466K in the bank at June 30, with next quarter spending of $1.6m.
If they are spending $500k per month it now shows that by the end of July, they will be out of money without completing a cap raising.
Desperately need funds in this baby. Or they need to sell something.
FWP you may be able to load up cheap on this soon.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
Based on the revised quarterly they had $466K in the bank at...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)