Per their 4C, that’s correct based on historical cash burn. But let’s think. What happened two weeks ago that magically gave them $400,000 more to burn, just enough to stretch their runway by 0.10 of a quarter? Hmm, could it be that capital raise where they aimed for $5 million and came up $4.6 million short? Genius move. Raise almost nothing, burn it at the same rate, and call it a win.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.011M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $12.38K | 6.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 100248009 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 45713681 | 51 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |