I have brought this issue up before. This cash burning rate is just crazy (3.3M in just a quarter) and due to the uncertainty of revenue, as well as the likeliness of a material CR (further dilution) due to the dual listing, the market is just not interested in any ann from this company.
Also, the recent YuShop drama and significant impairment of Cannaglobal equity have also caused loss of much market confidence in this stock.
AGM is coming, so just see how everything goes.
Good luck to everyone
I have brought this issue up before. This cash burning rate is...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
-0.035(11.9%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 26.0¢ | $3.116K | 11.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5206 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 51200 | 2 |
View Market Depth
| Last trade - 15.59pm 08/08/2024 (20 minute delay) ? |
| RGT (ASX) Chart |