When a company continues to spend more than what it receives for a product it is never going to last long as cash will be consumed and income will not cover the costs.
I wondered why people put money into this during the last raising and also this time, after all, the money raised is only going to be utilised somewhat to pay past bills.
On the current course, this ship will sink, only a matter of when now.
Only a matter of time
Add OBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
74.0¢ |
Change
-0.020(2.63%) |
Mkt cap ! $1.417B | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 76.3¢ | 72.5¢ | $76.03M | 108.5M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 8123 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 32411 | 9 |
View Market Depth
| Last trade - 10.34am 15/11/2024 (20 minute delay) ? |
| OBM (ASX) Chart |