No source to my theory, it is just an educated guess on my behalf based on the company's current cash burn and ability to continue operations for several years at current rate without the need for further capital (and possibly no need for further capital following those several years, if indeed they do manage to go cash flow positive).
Ann: Trading Halt, page-32
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Last
85.0¢ |
Change
-0.005(0.58%) |
Mkt cap ! $111.3M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.5¢ | 83.5¢ | $147.2K | 173.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18208 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 12633 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PIQ (ASX) Chart |