I have read many here saying the directors are just lining their own pockets, and am sure these who say that are long term frustrated holders..surely directors have the best interest of the company at heart.
But the cashburn of this company is huge..I understand the big cost in remedial work for the now defunct geothermal projects in the Cooper basin, so is all the money spent there dead money?..tax loss right off sure for the company, however they have not made profits as I can see, and the latest move into biogas has had its challenges...are the government's anti green energy?
Now a further $2.6 million in cashburn this coming quarter....?..it would seem at this rate cash won't last long??? am I missing something.??..what's going on here?
I have read many here saying the directors are just lining their...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.178M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.607K | 539.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 25395576 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8700367 | 4 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RNE (ASX) Chart |