That question was asked, and Answered by the CFO.
Q6: To overcome the problem of needing Money urgently in the future, Have you considered setting up an Overdraft facility of some kind?Answer: It is something they have discussed, and will be looking into in the future.The CFO joined the Company 6 Months ago, and they realised with a lower Spod price, and smaller than estimated product recovery, they were going to have trouble.At that stage, A new Company, with an uncertain future, going in to Debt was something they did not want, because of the possible problems over-leverage could cause.
That question was asked, and Answered by the CFO.Q6: To overcome...
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Last
8.9¢ |
Change
0.002(2.30%) |
Mkt cap ! $192.8M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 9.1¢ | 8.6¢ | $1.303M | 14.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 500217 | 8.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 309060 | 7 |
View Market Depth
| Last trade - 15.13pm 26/06/2025 (20 minute delay) ? |
| CXO (ASX) Chart |