The fact it was $1.2 million on March 31 is not a bad thing. They spent $14 million+ above their income in the March quarter. They've survived a month into this 1/4 on that $1.2 million indicating the cash burn is much slower, and haven't at this stage flagged a raise. If they've survived a month on that $1.2 million they're not far off cash flow neutral, with production rates on the improve.
Reaper.
The fact it was $1.2 million on March 31 is not a bad thing....
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Last
3.7¢ |
Change
-0.003(7.50%) |
Mkt cap ! $37.14M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 3.9¢ | 3.7¢ | $7.643K | 197.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 41421 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.8¢ | 16000 | 1 |
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| Last trade - 15.32pm 21/05/2024 (20 minute delay) ? |
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3.8¢ |
Change
-0.003 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.7¢ | 264621 | ||
| Last updated 15.10pm 21/05/2024 ? | |||||
| G6M (ASX) Chart |