I always love your work tuts, but just query your comment that a biotech company can run down their cash balance to only 6 months remaining. This seems quite low to me and hands a lot of bargaining power to the institutional investors when negotiating terms for the eventual capital raise. It also doesn't leave a lot of room for error in case something unexpected happens - a pandemic hits, change in market conditions, war, unexpected illness to key executive etc etc.
I always love your work tuts, but just query your comment that a...
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Last
43.5¢ |
Change
0.015(3.57%) |
Mkt cap ! $517.1M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.5¢ | 42.0¢ | $1.348M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10725 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 14524 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
0.015 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 42.5¢ | 44.0¢ | 42.5¢ | 697373 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| IMM (ASX) Chart |