IRX 26.7% 3.8¢ inhalerx limited

Yeh, they are generating revenue. But, they will need more money...

  1. 162 Posts.
    lightbulb Created with Sketch. 410
    Yeh, they are generating revenue. But, they will need more money for expansion. They spent $332k last quarter, after raising $300k, and were left with $486k. So, if my numbers are accurate, they will need a cash injection in the next couple of months. If they spend, say, $300k this quarter, that will leave them with $200k. This doesn't include revenue, mind you. So, say they make $100k or something, they will have $300l. It's all a guessing game, but IMO, they are going to be tight cash wise for the next few months - they will need more money for expansion.
 
watchlist Created with Sketch. Add IRX (ASX) to my watchlist
(20min delay)
Last
3.8¢
Change
0.008(26.7%)
Mkt cap ! $8.024M
Open High Low Value Volume
3.5¢ 3.8¢ 3.2¢ $20.74K 590K

Buyers (Bids)

No. Vol. Price($)
1 125000 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 50000 1
View Market Depth
Last trade - 14.07pm 15/11/2024 (20 minute delay) ?
IRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.