The only way to start the repayment of grants is to generate positive cashflow. This ann tells me management expects W2V to be generating enough income to start paying back grants by 2024.
That's only 18 months away.
W2V had $2.6 million COH as of 31 March, plus hopefully a $1.5 million CR & now an extra $600K from the IAA.
2.6 + 1.5 + 0.6 = $4.7 million.
Last quarter W2V was burning through $1.3 million, but hopefully, with quarter on quarter growth, the cash burn should fall.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.59M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3432654 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1938360 | 4 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| W2V (ASX) Chart |
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