Revenue one would have to assume is down in the last 3 months and uncertain for up to 6 months. So i would say they are using up their $3.8m cash fast. They have $1.3m debt as well. This $3m is for working capital or to put it simply feed the annual staff wages bill of $4.5m and Admin costs of $2.8m , sure directors are putting money into this raise rather than taking pay cuts like other company staff and CEOs.
Ann: Trading Halt, page-102
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.152M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 625089 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 571235 | 2 |
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