Very high ongoing cash burn for the amount of cash in the bank.
Most concerning is the company's two products are not exciting the market and not growing.
Really starting to look dubious when you have to talk about 4 late paying major customers in the Middle East.
Another Claytons business kept alive by ZIRP.
The result is the commencent of the capital raise to keep the lights on cycle of doom.
Would be amazed if the market cap was above $10 million by the end of the year.
Very high ongoing cash burn for the amount of cash in the...
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.67M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 8514 | 1 |
View Market Depth
| Last trade - 16.12pm 04/07/2024 (20 minute delay) ? |
| UBN (ASX) Chart |
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