$0.8M in the bank. Cash burn of ~$0.4M/qtr (taking out R&D grant). Unless sales explode in the next half, they will have to raise capital to keep operating.
Not trying to be negative - just pointing out the obvious as I like and follow these guys.
Ann: Uscom Investors Presentation May 2016-UCM.AX, page-4
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.005M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23333 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 50000 | 1 |
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