We won't be able to tell until they release their next 4C report at the end of July.
However, based upon the fact that operating cash flows were negative $1.358m for the March 21 quarter which given school holidays, summer etc you would expect to have been their best quarter, an injection of $3m won't last very long let alone get them to the positive working capital territory required to allow a relisting. Hence my comment above, this isn't coming back.
Good on the ASX for standing firm and protecting potential investors.
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We won't be able to tell until they release their next 4C report...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $6.170M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $174 | 12.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 76359 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 652517 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76359 | 0.012 |
1 | 267039 | 0.011 |
4 | 350099 | 0.010 |
3 | 557766 | 0.009 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 652517 | 3 |
0.016 | 1200000 | 2 |
0.018 | 143178 | 3 |
0.019 | 269538 | 1 |
0.020 | 98553 | 3 |
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