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
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $28.11M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.9¢ | 2.6¢ | $15.48K | 567.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 158823 | 1 |
View Market Depth
| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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Last
2.6¢ |
Change
0.001 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 2.7¢ | 2.7¢ | 2.6¢ | 8900 | ||
| Last updated 10.20am 14/06/2024 ? | |||||
| G6M (ASX) Chart |