They basically have no money based on the 4C. They had $750k end of Sept which they would have burnt already.
I don’t see how they can turn this around. The cost for the business are rather fixed in the short term. Any redundancies are going to accelerate the cash burn even further in the short term.
They basically have no money based on the 4C. They had $750k end...
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Last
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Change
0.001(25.0%) |
Mkt cap ! $12.48M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $3.872K | 774.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 19631312 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2874500 | 3 |
View Market Depth
| Last trade - 11.49am 15/05/2024 (20 minute delay) ? |
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Change
0.001 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 2610 | ||
| Last updated 11.45am 15/05/2024 ? | |||||
| MKL (ASX) Chart |