My assumption is based on the last 1/4.
If you are making money, there is no reason for dilution.
It indicates to me that there burn rate is massive and they need to expand to generate "cash positive " revenues.
This was not has been indicated by the last CR in August.
There are serious questions to be answered, as the trust is gone.
My assumption is based on the last 1/4. If you are making money,...
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $83.18M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $43.42K | 1.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 674584 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 68787 | 2 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| QPM (ASX) Chart |