Wow, that's some great analysis Saragian!
With the cash burn so high still, they may need to raise before April / May next year.
You wouldn't want to raise after April, as tax loss selling will start to bite sharply.
I've watched MVP have a great product, but struggle to get to cash flow breakeven.
Probably some similarities in that chart as well, where the spikes get sold!
Charts NXS, page-904
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $68.54M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.5¢ | 21.5¢ | $46.14K | 206.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 130676 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 19533 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NXS (ASX) Chart |