I dont think they need cash just yet. The July rights issue brought in $6 million. Proreka contributed 50% of the $2.5 million JV. They will sell the main Perth production site for about $1 million once the Malaysian production site is up and running. Should be cash flow positive Q1 next year. Trying to stay positive.
I dont think they need cash just yet. The July rights issue...
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.3¢ | 5.0¢ | $70.43K | 1.379M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 220000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 2064120 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SIX (ASX) Chart |