And to think, the October 2023 presentation stated the $30 million capital raising would fund them through to mid calendar year of 2025, and that's without further licensing revenue:
This is where that teeny tiny print in the Disclaimer let's them off the hook. Maybe in future, ASIC and ASX should force companies to restate in bolder font on the same slide that there are significant risks, whenever they state what their financial cash in bank, cash outflow is anticipated to be. Mind you, they're not the only company, and the CEO's job is to do whatever it takes, within the limits of the law, even if considered somewhat immoral, to keep money coming in to sustain the business.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
And to think, the October 2023 presentation stated the $30...
-
- There are more pages in this discussion • 207 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.95M |
Open | High | Low | Value | Volume |
22.5¢ | 23.5¢ | 22.0¢ | $65.40K | 290.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 96390 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 138166 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 91390 | 0.220 |
6 | 88958 | 0.215 |
5 | 131050 | 0.210 |
4 | 104982 | 0.205 |
6 | 184175 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 138166 | 5 |
0.240 | 40833 | 1 |
0.250 | 15000 | 1 |
0.255 | 9785 | 1 |
0.260 | 26050 | 3 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online