Last 3 Qtrs all the same with losing ~$1m a month...
BUT moving fwd will be differen!!??
at least this is first time mentioning reducing cash burn and streamlining management team. As cant sustain 4.2M a Q in staff costs on <$2m revenue per Q.
with 1.1 quarters left and some vague answers around how they expect to last beyond that it's not looking good.
hard to raise capital also when market cap is so low. They need a good injection of cash just to survive and that would be more than 50% of their MC.
very sad to see this
Last 3 Qtrs all the same with losing ~$1m a month... BUT moving...
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Last
0.4¢ |
Change
-0.002(27.3%) |
Mkt cap ! $9.99M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $34.15K | 6.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 22484834 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1250000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
-0.002 ( 33.3 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.4¢ | 3410000 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MKL (ASX) Chart |