They have 5.6 quarters more funding based on revenue - cash burn so unlikely they need it. However, given how fast things are moving in the AI space it would be good to get some extra ammo to speed up development. With the spotlight on the sector and the involvement of the top 5 company, I'd be expecting them to have many options available, and any equity based raising could be done at a large premium to the SP.
They have 5.6 quarters more funding based on revenue - cash burn...
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Last
1.3¢ |
Change
0.001(4.17%) |
Mkt cap ! $15.29M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $2.818K | 225.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2586082 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 548548 | 7 |
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| Last trade - 13.23pm 09/07/2024 (20 minute delay) ? |
| UNT (ASX) Chart |