Financials say they have enough cash left for 3 quarters. CEO...

  1. 2,860 Posts.
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    Financials say they have enough cash left for 3 quarters. CEO has said, for all purposes they have good cash flow to operate. Major variable being how much they spend on marketing. With all that, quite likely they will come for a cap raise as a easy way out. That is likely to happen than they see so much cash coming through that they will never need cap raise again in short term.

    Given all the positives happening, initially they wanted to float at 40c etc etc cap raise will have good support. Now a bank is involved as well with Mastercard deal. For those holding too, it will present an opportunity to top up.

    Around 5c for now looks not a bad buy at all for the long haul. Expect wild runs may be few times a year.
 
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(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $11.89M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $3.5K 500K

Buyers (Bids)

No. Vol. Price($)
13 5368824 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1970221 2
View Market Depth
Last trade - 10.50am 20/06/2025 (20 minute delay) ?
W2V (ASX) Chart
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