Your comment below made me think you thought it would affect current cashflow. anyhoo.
"That's a better outcome for this FY IMHO. It is an insignificant amount for individual holders, much more significant for the company at this stage."
I came on here a few weeks ago to touch base with the company. I have stuck around due to the Co announcement as I do actually see this running. Cash position isn't great and so not sure if I will buy now or wait til after the next CR. I eagerly await the next qrtly.
Obviously the likelihood of the $800k R&D rebate is good news. But as a director of a company and getting paid decently for that position, these type of mistakes shouldn't happen. They certainly shouldn't have released an announcement after the cut off date without checking. That puts a cloud over the capabilities of management. If you disagree, and I'm fine with that of course, then we have different expectations of someone earning ~$250k (not including bonus or share allocations).
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1.0¢ |
Change
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Mkt cap ! $26.20M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $34.37K | 3.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62856 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 3927437 | 12 |
View Market Depth
No. | Vol. | Price($) |
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2 | 62856 | 0.009 |
25 | 13301374 | 0.008 |
10 | 3001428 | 0.007 |
6 | 6673888 | 0.006 |
7 | 6188888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 3927437 | 12 |
0.011 | 1779779 | 5 |
0.012 | 2620361 | 8 |
0.013 | 1666703 | 6 |
0.014 | 3087272 | 9 |
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