There's what they think for the cash flow positive - next quarter:
They need the Thai bank loan to reduce funding costs and NE sale to bring capital and reduce holding costs (2.5M last qtr!!) - just these three things above will turn this ship completely around. I think this is buy time.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30
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Last
$1.67 |
Change
0.005(0.30%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.70 | $1.64 | $2.471M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3285 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 53099 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |