On the surface it is a great report; the target of $60 plus, the significance of the IP and the ‘prospect’ of a potential acquisition.
BUT the report does not make any mention of the most pertinent points; time frames to commercialisation, funds required, rate of cash burn and it’s history of continual raising of funds and the further need to do so.
With a target of $66 next placement will be done at what level?, if at current levels WHY is the company failing to sell this at far higher levels?
That time in the Future when this company finally starts raising at $30/ $40 and plus is the day that this really does become ‘transformational’.
On the surface it is a great report; the target of $60 plus, the...
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Last
$4.85 |
Change
-0.150(3.00%) |
Mkt cap ! $75.19M | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.00 | $4.84 | $15.32K | 3.146K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 882 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.20 | 2136 | 2 |
View Market Depth
| Last trade - 15.14pm 25/07/2025 (20 minute delay) ? |
| AVR (ASX) Chart |