They got that last round past the SO’s..…(not the retailers though).... but those $5.5mil funds have pretty much been eaten away in a single qtr?!? The Dec qtr cashburn rate was excessive (and somewhat irresponsible from management/board) even for a tech start up…. and the lack of cash receipts now leaves the company in a risky position.
SOs will want a much bigger discount before giving away anymore funds to Dough…. and that would be very dilutive for any existing SH.
Management need to either drastically cut expenses, raise funds (as stated) or create immediate exponential ‘cashflow’.
The mkt cap is still around $28mil…. And based on their risky financial position (as per this 4c) I feel this still has some way to fall.
- Forums
- ASX - By Stock
- DOU
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-18
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DOU (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.246M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 12377071 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 6131594 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 12377071 | 0.003 |
31 | 21754699 | 0.002 |
5 | 7300000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5124594 | 13 |
0.005 | 5698139 | 11 |
0.006 | 4858340 | 8 |
0.007 | 509874 | 2 |
0.008 | 986203 | 5 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
DOU (ASX) Chart |
Day chart unavailable