Quarterly says it all - cash burn more than anticipated and now it would seem desperate for funds.
They had $677k as at 31st December
Cash burn for January, say $500k?
Must be close to zero balance.
Funding release? - thats something else.
CR maybe at 1.8 - 20% = 1.44
DFS, page-12
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $58.78K | 435.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31656 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 161934 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AEE (ASX) Chart |