I think even though they have $20m, net of their current liabilities, they have about $8m-$9m available to spend. I know some of that current liability is only due later in the year but it's quite risky to get into a negative current asset/liability situation now. There's enough to do the 3D but cutting it fine for the flow test. I don't think they'll do the flow test until the PPSA/Funding is sorted.
I think even though they have $20m, net of their current...
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Last
7.0¢ |
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Mkt cap ! $97.83M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.8¢ | $77.52K | 1.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62889 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 47034 | 5 |
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| Last trade - 14.06pm 16/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 6.8¢ | 7.0¢ | 6.8¢ | 658869 | ||
| Last updated 14.06pm 16/05/2024 ? | |||||
| IVZ (ASX) Chart |