Last month CMB raise $3 million on the basis of trials starting in April, 2025. Now a month later there stating mid 2025. Not a good look.
Burning $1.5 mil a quarter. I assume approx $2 mil to come in from raise in March after meeting approval. They will need another raise shortly thereafter.
The CEO is on a $ mil a year. Hope he knows what he is doing because so far it doesn't look like it.
Last month CMB raise $3 million on the basis of trials starting...
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Last
32.0¢ |
Change
0.055(20.8%) |
Mkt cap ! $5.850M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 32.0¢ | 28.5¢ | $14.12K | 47.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56261 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 3987 | 2 |
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| Last trade - 15.33pm 28/07/2025 (20 minute delay) ? |
| CMB (ASX) Chart |