DSE
Click for more information
1.21% $3.34 dropsuite limited

Current burn rate of cash means 6 months left.I assume that...

  1. Virgil
    395 Posts.
    clock Created with Sketch.
    31/10/10
    16:53
    Post #: 7411198
    Current burn rate of cash means 6 months left.

    I assume that there won't be any appreaciable revenue in this period leaving some white knight or selling the rights to the areas which will probably only cover director pay outs.

    Can someone offer some rays of hope ?

    NB: pretty poor form that none of the ASX updates from the company acknowledge the destruction in shareholder value...
    DSE Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions
right-arrow Created with Sketch.
NEWS Talking trends: The five shaping investment in 2024
right-arrow Created with Sketch.
KPO KALiNA Power inks MOU for natgas powered data centres using carbon capture as AI energy use grows
right-arrow Created with Sketch.
PLS Pilbara blames low lithium prices for 89% drop in profit for FY24
right-arrow Created with Sketch.
FMG FMG reports third highest earnings in history on strong iron ore sales
right-arrow Created with Sketch.
NEWS Reporting Wrap 28 Aug: Tabcorp slammed, Woolworths' soft gains; Nine; Lynas & APA Group
right-arrow Created with Sketch.
watchlist Created with Sketch. Add DSE (ASX) to my watchlist
(20min delay)
Last
$3.34 		Change
0.040(1.21%) 		Mkt cap ! $233.3M
Open High Low Value Volume
$3.36 $3.43 $3.28 $67.86K 20.26K

Buyers (Bids)

No. Vol. Price($)
1 60 $3.28
 

Sellers (Offers)

Price($) Vol. No.
$3.43 5500 1
View Market Depth
Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
DSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.