Sounds great in principle, but if you're a director staring down the barrel of $50m+ losses each quarter (from memory, CXO had at least one or maybe two quarters where they burned $50m+), I dare say, cash preservation will become key.
$150m cash loss in a year would be absolute carnage.
Sounds great in principle, but if you're a director staring down...
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Last
85.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 89.0¢ | 84.5¢ | $11.18M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11235 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 19200 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |