Totally agree.
I have low expectations that C14 can produce a material result. Money will last no longer than the Christmas in July party - which might be lemon cordial and Saos from what is left in the petty cash tin.
If they can't flog off BIT to another party by mid year, BIT will shut its doors. I suspect that the situation is so dire that the company won't communicate with its shareholders.
Other than a bail out, BIT lacks any options for adding any new funds. Past being able to run a CR of any meaningful value that would cover the cash burn.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.654M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $210 | 104.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 38848316 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 18281126 | 25 |
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| Last trade - 12.28pm 27/06/2025 (20 minute delay) ? |
| BIT (ASX) Chart |