Missing that single quarter's forecast is not the issue. It's the fact that the 12 month revenue forecast has been reduced from $34M to $25-27M, which means that break-even is atleast an extra year away, and they will probably need to raise $20M to get through to that BE point. Hopefully they do it all now, otherwise if they raise less than $10M now, we'll be having another CR in 6 months time at an even lower price.
Missing that single quarter's forecast is not the issue. It's...
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$11.76 |
Change
-0.390(3.21%) |
Mkt cap ! $248.6M | |||
| Open | High | Low | Value | Volume |
| $12.15 | $12.27 | $11.27 | $382.7K | 32.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 420 | $11.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 2000 | 1 |
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