Based on their last Q1 FY23 report, they indicate that the Q2 results should be improved significantly on the operating cash flow, but still likely not positive. However by Q3 we should see net positive operating cash flow.
I think with the capital raised it should be more than enough to cover the next quarter and into positive cash flow the following quarter. they may need to slow down on the stage 2 however and try accumulate and fund from the cash flow generated.
Back of envelope seems to indicate very good cash flow potential with current capacity either way. But keen to see the Q2 results in the next week.
- Forums
- ASX - By Stock
- WAK
- Ann: Share Purchase Plan Results
Ann: Share Purchase Plan Results, page-4
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WAK (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.69M |
Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.3¢ | $5.327K | 123.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11984 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 79301 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11984 | 0.044 |
3 | 363629 | 0.043 |
2 | 121950 | 0.041 |
1 | 20000 | 0.040 |
1 | 820512 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 19995 | 1 |
0.053 | 197696 | 2 |
0.071 | 11509 | 1 |
0.077 | 9000 | 1 |
0.105 | 19230 | 1 |
Last trade - 10.23am 28/06/2024 (20 minute delay) ? |
Featured News
WAK (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online