Can any current holders give me an idea how the financials are for this company? From what I've found, it looks to me like they are burning through cash at the moment. Break even is apparently 3 years away and will need a growth rate of 75% to achieve this.
I assume that means that even if the current trial goes well, they'll probably have to do a capital raise to manufacture?
Any thoughts on the current state of financials? Thanks!
MSB Trading - 2020, page-6452
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Last
$1.46 |
Change
0.015(1.04%) |
Mkt cap ! $1.661B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.40 | $3.815M | 2.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11031 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 14844 | 2 |
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| MSB (ASX) Chart |