So it seems, Fuji deal is not going to be announced anytime soon. Without that there is cash burn of around $1.2m per quarter. I think management should be looking to merger with some bigger brand if possible. Fuji would have been a obvious choice but it seems it is too small fish for them and product is not fundamental or strategic to them. Happy to be wrong about all this.
Ann: Trading Halt, page-46
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Last
0.6¢ |
Change
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Mkt cap ! $6.605M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3277281 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1053482 | 4 |
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