The 500K sort term loan was secured against this year's R&D tax refund expected to be around 700K. So let's assume no surprises there. But definitely want that confirmed at the AGM next Monday.
The relentless days of trading at these lows is depressing.
I expect next year will be a year of consolidation. Hard work finishing the Zeiss product while conserving capital.
If we get through the year without the annual raising of capital just to tread water that will be a turnaround.
Then once the Zeiss product is finished they can raise capital again - there will be more blue sky then to tempt investors.
Freefall, page-58
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18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $150.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 18.0¢ | 15.5¢ | $37.32K | 230.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 16.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 18555 | 2 |
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| OIL (ASX) Chart |