PT told me a few weeks back that the cash burn situation would be halted by the end of this financial year. Have a look at para 3 of the latest company update which says the same thing.
I'm not too concerned about the new plant item as its only a filter so not sure how difficult a process that can be but then again maybe i'm underestimating this issue.
However there is no reason why anyone would buy in now. we need;
1. the filter to be installed and production to hit a consistent 1,000t plus p.w.,
2. significant sales contracts for AL80 to be signed,
3. the technology issue resolved - the mkt does not like this overhang - and
4. some guidance provided on future US expansion and profit numbers.
Until then we may as well all go fishing.
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $150.7M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.0¢ | $92.27K | 261.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34883 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 4355 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34883 | 0.355 |
1 | 2941 | 0.340 |
1 | 1000 | 0.335 |
1 | 25000 | 0.330 |
1 | 10000 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 4355 | 1 |
0.365 | 70000 | 2 |
0.370 | 173229 | 4 |
0.385 | 30000 | 1 |
0.390 | 65332 | 3 |
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