Can someone explain how this happens? Their operating income LTM is -10.5M, their net interest expense is 500K, so a total loss for LTM of $11M.
Now they have 3.3 M from this sale and 4.2 M Cash in bank.
Do they keep issuing equity? Who will underwrite this? No one is going to give them any more debt options.
Looking for a path forward. What is it?
Ann: Vital Receives $3.3M Payment for Rare Earth Stockpile, page-7
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0.2¢ |
Change
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Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $2.649K | 920.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 88821773 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 38193343 | 45 |
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