Thanks for your reply...I think they have been burning about $5 million / yr...so they have still got cash to keep them going for a while.
So we have the prospect of a $75 Million grant and a few years worth of cash...I don't think it's all doom and gloom just yet. Worth holding then re-assessing in 6 months time.
If I had spare cash I'd probably buy more with a share price at < $1.
All IMHO.
Thanks for your reply...I think they have been burning about $5...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RNE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.727M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $129.5K | 129.5M |
| RNE (ASX) Chart |