Been a while since I looked at this stock, and little has changed:
Ended the year with $280K in the bank, embarrassing.
Burning $3m per annum before R&D rebates or $250k/month - so out of cash as we speak
They have delivered cash receipts growth, but they are still trading at an insane 52x EV/revenue
Spent zero $$ on R&D and/or capitalised R&D - they must have a perfect product with no need for updates?
Somehow they will raise a ~$1m and splutter for another 6-months (raised $0.8m in March 2024 at 23cps), then raise again at a lower price.
Been a while since I looked at this stock, and little has...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $106.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.3¢ | $22.46K | 129.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15757 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 11467 | 1 |
View Market Depth
| Last trade - 13.14pm 06/09/2024 (20 minute delay) ? |
| IOD (ASX) Chart |