Don't invest in stocks if you can't interpret a balance sheet properly
Cash burn was actually higher than 800k for that Qrt 230k of it was grant money from BIRD this was taken from total expenditure. Imo I think they expected this and didn't make very little savings anywhere than what they were originally spending. Staff fees have gone up and I don't see anywhere 100k has been saved per month.
Don't invest in stocks if you can't interpret a balance sheet...
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Last
9.2¢ |
Change
-0.008(8.00%) |
Mkt cap ! $49.69M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 9.6¢ | 9.0¢ | $20.34K | 218.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40778 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 239813 | 3 |
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| Last trade - 15.47pm 16/08/2024 (20 minute delay) ? |
| DTZ (ASX) Chart |