Where do you get the "confident regarding cashflows" vibe from? I didn't see any specific mention in there...but I may have missed it?
It's getting pretty tight....$11m with $5.5m quarterly spend gives them 6 months. You don't often see boards get below 6 mths runway, so either something comes out of left field or we're in for a car raise pretty soon. Cap raise would explain the share price.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $559.9M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $279.9K | 2.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 147929 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 834773 | 5 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PYC (ASX) Chart |