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.
The announcement on 22nd October says the company is now down to...
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $130.4K | 403.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 243069 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 17000 | 1 |
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| A1M (ASX) Chart |