Cash burn rate is quite high, Management will need to cap raise probably around December period i would say. The huge discount to Market Value will hurt the SP alot. Being a potential investor i would most likely hold off until that announcement comes through. The risk at the current moment is too high (Despite payoff probably being sky high).
Will probably enter when it hits around ~$1.20s at this rate.
DYOR.
What's everyones thoughts?
Cash burn rate is quite high, Management will need to cap raise...
Add PO3 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.078M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PO3 (ASX) Chart |
Day chart unavailable