Sorry to spoil the fun re CAU but having read the latest news release I'm more than a tad concerned about the level of cash reserves.
The release states they currently have $1.7m in the bank of which, $700,000 will replay the NAB HP loan leaving $1m. Bearing in mind the company aren't actually generating any sales yet and don't look like doing so until the second half of 2005, they have just $1m to pay all the bills including several six figure salaries.
Is it just my imagination or are these guys flying very close to the wind???????
Comments welcome.
- Forums
- ASX - By Stock
- cash reserves running out...
Sorry to spoil the fun re CAU but having read the latest news...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.6¢ |
Change
0.004(4.88%) |
Mkt cap ! $49.52M |
Open | High | Low | Value | Volume |
8.3¢ | 9.0¢ | 8.1¢ | $64.57K | 765.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79804 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 6250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79804 | 0.086 |
1 | 200000 | 0.085 |
2 | 67377 | 0.081 |
2 | 60315 | 0.080 |
1 | 12658 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 30000 | 1 |
0.098 | 50000 | 1 |
0.099 | 19824 | 1 |
0.105 | 127728 | 3 |
0.110 | 40167 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
VIT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online