I would think that the high potential of another capital raising would hold back the share price. The last capital raising stung shareholders hard with a big discount to the share price and a dilution of capital. It is all well and good to keep spending money (the company is >10 years old) shareholders need to make money too! Get cash flow positive and then finance R & D etc through a loan, thus not diluting our shareholder capital. The 'cash flow negative for some time' comment is too 'airy fairy'.
Just my thoughts. DYOR. I love the product and want to see shareholders succeed, after all we own it!
'Cash flow negative for some time', says the Chairman
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9.8¢ |
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Mkt cap ! $25.89M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.3¢ | 9.6¢ | $12.81K | 129.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5332 | 9.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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