Plenty of discussion recently here for good reason around expenditure and whether the cash burn is too high.
I am not going to be commenting on that, rather that the raising here from existing shareholders would not have been possible without the company being able to explaining/ justify their staff costs vs potential further revenue.
Also, the small raise size is signalling that the company is confident of CF+ just being around the corner.
AIMHO
Ann: Way2VAT undertakes A$1.3 million convertible notes raising, page-2
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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 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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