It's not a pretty picture. The short term cash squeeze will probably get sorted one way or another, but the bigger issue is whether there is a promised land over the horizon.
Even if there, it's going to take a long time to convince investors.
This company's utility on the ASX is probably coming to an end. Hannan should take it private. The last raising was at 7 cents, so that might be a starting point.
Half Yearly announcement due?, page-26
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $8.049K | 2.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 62867 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7474889 | 18 |
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| Last trade - 15.48pm 10/09/2024 (20 minute delay) ? |
| OVT (ASX) Chart |