I'm working directly off their 4C report and updated projections following the recent capital raise.They're in serious trouble.They only managed to raise under $400,000, well short of the $5 million they were targeting. That's a massive shortfall.At this rate, without an urgent capital injection, they'll struggle to keep the lights on by the end of the quarter. If they don't sell their IDSB business, then their only option might be high-risk, high-cost funding. Basically loan-shark territory.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.011M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $5.502K | 2.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 109 | 96691153 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 42226185 | 47 |
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| Last trade - 10.31am 16/06/2025 (20 minute delay) ? |
| OVT (ASX) Chart |