At the end of the September quarter, CU6 had $53m, and 5 quarters of reported cash remaining.
Assuming they’ve spent $13m in the December quarter, they’ll report $40m cash in a few weeks.
Fast forward to the March quarter report, they’ll have spent another $15m and report $25m cash.
The June quarter report will show they’ve spent another $10m, plus a $5m tax reimbursement gain, so they’ll report $20m cash, minimum.
So most likely CU6 will raise closer to July, than December.
Happy to hear the views of others around quarterly expenditure.
CU in 2025?, page-16
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Mkt cap ! $1.625B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.11 | $3.861M | 741.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 1159 | $5.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $5.22 | 6688 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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$5.22 |
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| Open | High | Low | Volume | ||
| $5.26 | $5.28 | $5.11 | 196370 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| CU6 (ASX) Chart |
