Don’t forget calling, Cap raise and further dilution coming soon for over 6 months now too.
@Notthedart
The point has always been that quarterly losses and cash burn have continued and imo even blind greedy could have seen that they will not have enough funds to get to a cash flow positive state
Salary sacrifice and Government Rebate etc for going concern etc ..
Even if cash flow positive occurred - break even or so - going concern is beyond break even imo
Like previously stated if they had $32m cash now this could have been a different story - that has been blown for very little to show in terms of revenues
So yes another cap raise has always been inevitable
The price is barely holding 1.2c and 1c or lower is very likely unless a rabbit is pulled out of the hat very very soon
Good luck all - all are welcome to keep buying
IMO
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $50.63M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $29.56K | 2.503M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 12616236 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 819012 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 12616236 | 0.011 |
19 | 7920556 | 0.010 |
9 | 4242884 | 0.009 |
3 | 10124931 | 0.008 |
3 | 5232562 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 819012 | 2 |
0.013 | 5291890 | 14 |
0.014 | 7018628 | 21 |
0.015 | 3622316 | 10 |
0.016 | 6251500 | 4 |
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