Assuming, ASN spends $3m per month (last quarter it spent approx. $9m), cash balance as of now (end July) should be approx. $8.2m-$3m=$5.2m. Based on these numbers (assuming it's correct) expect ATM facility usage OR a CR announcement in August '24. Cash burn is one of the disadvantage of aiming for the whole periodic table instead a few.
Assuming, ASN spends $3m per month (last quarter it spent...
-
- There are more pages in this discussion • 190 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 ASN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.4¢ |
Change
-0.001(1.33%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 7.4¢ | $152.1K | 2.044M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 222565 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 176934 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ASN (ASX) Chart |