AGH 7.41% 2.9¢ althea group holdings limited

Cash Burn - returning investor, page-3

  1. 122 Posts.
    lightbulb Created with Sketch. 115
    I honestly don't see too much of a problem with the cash burn.
    I believe we should see a dramatic reduction in cash burn this quarter due to the capital expenditure we already put into the Peak and inventory stockpiling. They already reduced their cash outflow last quarter and if the numbers continue to rise so will the reoccurring customer receipts.
    I'm extremely happy with how management are building this company, hopefully in the next few months we begin to see a real rise in customers and doctors prescribing out product throughout the UK and we get approval for the Peak Processing facilities in Canada to get up and running.
    Company has a very bright future in my opinion.
    I have only held for a few months but will be a long term holder of this company.
    Just my opinion though, on HC there seems to be more negativity than positivity so opinions seem to vary dramatically. I'm extremely optimistic about this company.
 
watchlist Created with Sketch. Add AGH (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.002(7.41%)
Mkt cap ! $11.75M
Open High Low Value Volume
2.7¢ 3.0¢ 2.7¢ $59.86K 2.116M

Buyers (Bids)

No. Vol. Price($)
2 432795 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 83551 2
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
2.9¢
  Change
0.002 ( 7.41 %)
Open High Low Volume
2.9¢ 3.0¢ 2.8¢ 689468
Last updated 15.50pm 24/05/2024 ?
AGH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.