The announcement on 22nd October says the company is now down to $116.1m. As at 30 June, the company had $125.5m. So $9.4m has been spent in 3 and a half months.
Now that the company no longer has any field activity and has commented that legal action is a last resort, you would hope the cash burn would slow right down.
cash burn
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $254.0M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 44.5¢ | $32.24K | 72.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 173914 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 46335 | 7 |
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| Last trade - 12.08pm 10/07/2024 (20 minute delay) ? |
| A1M (ASX) Chart |