I don't understand this.
What I can see is that they reduced staff cost from 6.3 to 2.8m and got $30m convertible at $1.6 per share (and etc... 4% discount coupons, etc...)
But the main points are cash is up to $99m, which shows they can get pumped more if required to get the grant.
So this should be good news??? Please advise if I missed anything.
I don't understand this.What I can see is that they reduced...
Add NVX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $337.4M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $300.0K | 432.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 132316 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7736 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |