As investors we tend to avoid discussions that could have a negative impact on the share price, I prefer to call it as I see it even though I have a massive stake in IXR.
The medium and long-term returns is going to make us rich no doubt, but revenue is not incoming for a while. Our cash situation is what I'm concerned about, dont think
selling our shares in VMM is an option as we need to stay mayor share holders there.
Capital Raising is a opportunity to lower our average but we need to know when its happening, I'm trying to work out our approximate cash burn monthly,
Payrolls I'm guessing could be $300k if Brett and Tim is on $40 k each, we have staff working 24/7 now.
What could the running cost expenditure be at both facilities. How much cash do we have left! ASX company's cant run their balance to low,
Any guesses when Cap Raise is incoming
IXR Charting & T/A, page-1951
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.80M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $43.06K | 3.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 788960 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 8793609 | 25 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.4¢ | 1.2¢ | 2437226 | ||
| Last updated 15.55pm 17/05/2024 ? | |||||
| IXR (ASX) Chart |