"What is there to keep the company solvent?"
No doubt another CR. No problem so the solvency pont is overly dramatic imo.
Could sales be slow to get going over the next 12 months? Sure. The company is still spending on studies for the next product too. However, FDA approval for a product that is an upgrade on an existing product certainly gave me confidence to take one bite. I am still looking for another entry - either on share price weakness likely due to no news flow in the short-term, or a sales number on the upside later this year.
"What is there to keep the company solvent?"No doubt another CR....
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22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $51.53M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $36.73K | 161.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200860 | 22.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 75000 | 2 |
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| EYE (ASX) Chart |