I interpreted the results as on plan
It would be great to be making significant positive cashflow - but this is a business in the growth phase. Most companies would be very pleased with the growth rates of an emerging business.
Most VC investments and companies are revenue focused and chase positive cashflow later. If GTI turns this corner, then it is a once in a decade bargain.
RACV is a large deal, and requires upfront investment, and in time will potentially generate considerable value.
The key will be to secure a re-rate in the stock price - which will allow future raises at low dilution - to then fund further growth
I interpreted the results as on planIt would be great to be...
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Last
1.1¢ |
Change
0.004(57.1%) |
Mkt cap ! $17.73M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 1.1¢ | 0.8¢ | $93.28K | 11.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 8000 | 1 |
View Market Depth
| Last trade - 15.56pm 03/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
0.004 ( 12.5 %) |
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| Open | High | Low | Volume | ||
| 0.8¢ | 0.9¢ | 0.8¢ | 957678 | ||
| Last updated 14.46pm 03/05/2024 ? | |||||
| GTI (ASX) Chart |