it appears that the amount of cash being spent each quarter is negligible compared to their cash at hand, so why the need for such a large ($50 million) placement. if it is nmot spent on something soon then we would have to consider it unnecessary dilution of shares.
cash burn
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Last
$4.94 |
Change
-0.180(3.52%) |
Mkt cap ! $1.170B | |||
| Open | High | Low | Value | Volume |
| $5.12 | $5.12 | $4.88 | $2.258M | 457.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4159 | $4.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.95 | 1795 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |