This is an attractive stock.
$4.5M in the bank as at 31 Dec….estimated cash outflows for the Jan - March quarter just gone were only $650k (per Dec 4c) not sure what to expect from inflows but anything will help.
A take or pay commitment of 8,700 units by July 2019 for one distributor alone.
They shipped 30 last year and had revenue of $42k so I assume they are $1,300 a unit…..8,700 x $1,300 = $11.3M. Seems like a good start J
Austrian distribution partner secured.
FDA approval underway.
As has been said on here, a few more key distribution deals and this thing should snowball.
All IMO DYOR
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This is an attractive stock. $4.5M in the bank as at 31...
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Last
6.9¢ |
Change
-0.002(2.82%) |
Mkt cap ! $70.21M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 6.9¢ | $46.07K | 657.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 186265 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 14554 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 186265 | 0.069 |
2 | 550000 | 0.068 |
2 | 154790 | 0.067 |
2 | 140000 | 0.066 |
5 | 413692 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 14554 | 1 |
0.072 | 200000 | 1 |
0.073 | 289855 | 1 |
0.074 | 40000 | 1 |
0.075 | 98582 | 1 |
Last trade - 15.46pm 03/09/2024 (20 minute delay) ? |
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