In reading their September 4C, they will burn through their available cash in the december quarter (excluding their term deposits). but that raises the question, when do their TD's mature? are they going to be available to burn in the March Quarter?
Based on their recent quarterly cash flow statement, its expected they will do a capital raising before the end of the calender year.
There needs to be a change in management that is more edperienced in technology and can establish a strategy that doesnt contradict the purpose of the business model.
In reading their September 4C, they will burn through their...
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $70.05M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 67.5¢ | 66.5¢ | $19.04K | 28.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8719 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 7037 | 1 |
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| Last trade - 15.52pm 08/08/2025 (20 minute delay) ? |
| RZI (ASX) Chart |