It would be if they were projecting further losses. If they are projecting cash flow positive from FY25 onwards that would be more than enough, hence why the analysts see them as fully funded. Whilst they don't provide guidance, they almost certainly project expected cash flows internally and would know their capital requirements.
They don't need to raise to keep the lights on with over $6m in the bank and projections of cash flow positive in the near term, although I could imagine them undertaking an opportunistic raise if the price were high enough (eg above $1) to speed up global expansion
It would be if they were projecting further losses. If they are...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.008(5.66%) |
Mkt cap ! $37.64M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $97.53K | 713.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150677 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 39215 | 1 |
View Market Depth
| Last trade - 10.28am 18/07/2025 (20 minute delay) ? |
| EYE (ASX) Chart |