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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Mkt cap ! $5.504M | |||
| Open | High | Low | Value | Volume |
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Change
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| Open | High | Low | Volume | ||
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| Last updated 11.40am 14/06/2024 ? | |||||
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