A grant for approx. AUD $400k won't last long considering Jun'22 quarterly numbers for staff costs were a few million ($2.445 million) & customer receipts were a lean $852k.
Market doesn't seem impressed with the $400k grant. The response might have been different (positive) if TTT had announced a healthy sales contract that had eight digits (e.g $20,000,000+) & involved real money deposited in the bank account.
SP might be on a submarine trajectory for a while. Just a guess.
Ann: Titomic Europe awarded Horizon Europe grant, page-2
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Last
13.8¢ |
Change
0.008(5.77%) |
Mkt cap ! $128.8M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.8¢ | 12.0¢ | $228.8K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97045 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 308185 | 5 |
View Market Depth
| Last trade - 11.23am 11/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |