Graphite Lithium ion $14 million cash research report, page-2

First of all its not $13.5 mil, it was $13.25 and at the rate of cash burn, by now it's well under $13 mil.

Having cash is only useful for shareholders if management puts it to good use. But in the case of GBE the only thing the cash is used for, well, is for spending, and spending they are very good at, it's spent at the rate of nearly $3 mil annually.

As for the depth, while buy side is stronger than sell side, the buy side is very thin, there is not much support beyond 2 cents, ie if you happened to want to sell and those buys at 2.1 and 2 (assuming they are genuine) are satisfied then next stop is Southport, sorry I mean 1.2 cents, and next support level is at 0.8 and 0.2 cents (again assuming these genuine order ).
That's why I'm risking a small parcel at 0.3.

DYOR and checkout the depth and charts, don't just fall for $13.25 funds mantra (again as far I can tell not independently verified and audited)