A further thought on capital raising is that the FY23 report says inventory at June 30 was $25.7m 50% of which is finished product. When any of the orders being chased are landed that finished inventory will convert to cash. Add that to the $6.9m and there does not seem to be an immediate capital shortage. That of course presumes sales happen soon. And that lengthy negotionations on SUAS support complete satisfactorily.
A further thought on capital raising is that the FY23 report...
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $15.40M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 14.0¢ | $13.45K | 93.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38957 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 14900 | 1 |
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| Last trade - 15.34pm 14/06/2024 (20 minute delay) ? |
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Last
14.0¢ |
Change
0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 14.0¢ | 1364 | ||
| Last updated 10.16am 14/06/2024 ? | |||||
| HCL (ASX) Chart |