Is that where you take profits and plough them back into the company in order to grow the overall business rather than relying on debt?
I'm not sure the relevance of the comment with regard to a company that has never made a profit, has never been operationally cash positive, and uses a mix of tapping the market, and more recently debt as the market and ASIC were no longer easily tapped (my opinion, otherwise just very coincidental on the timings), to stay afloat.
Is that where you take profits and plough them back into the...
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $2.694M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $316 | 83.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 42363096 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 27893910 | 17 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.3¢ | 324797 | ||
| Last updated 15.14pm 02/05/2024 ? | |||||
| ME1 (ASX) Chart |