Yep, letting the cash get down to $102k at June 30th isn't a very good look.
Looks like the estimated cash burn for this quarter is $800k or 266k per month, so that $1M convertible loan will last for 3.4 months (assuming there are no options converted during the qtr).
Yep, letting the cash get down to $102k at June 30th isn't a...
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Last
0.3¢ |
Change
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Mkt cap ! $12.47M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $7.128K | 2.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 78491525 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7197120 | 6 |
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| Last trade - 13.44pm 02/10/2024 (20 minute delay) ? |
| VRC (ASX) Chart |