You'll have to wait for the next quarterly report, as JZ hasn't provided any specifics on workforce reductions, spending cuts, or other cost-saving measures. Currently, all we have is a vague "we're tightening our belts," but what that actually means is uncertain. Personally, I estimate around $4m will be spent next quarter, with costs progressively decreasing each subsequent quarter. Nonetheless, I believe another cap raise will definitely be necessary within the next 12 months, and more likely within 6 months.
Ann: Quarterly Cashflow Report (Appendix 5B) - June 2024, page-10
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Last
1.5¢ |
Change
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Mkt cap ! $21.83M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $75.05K | 5.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 7702069 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1156682 | 7 |
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