Under the asx rule companies must have at least two quarters of cash on hand based on that quarters cash burn rate.
If they don't have the two quarters of cash on hand there are a number of questions in the quarterly report that they must answer in relation to how they are going to survive, how they are going to obtain cash.
The interest rate on forward RD rebate loan is around the 22% mark
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $29.75M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $33.86K | 2.679M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2125960 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6500 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| ADO (ASX) Chart |