The SP is reflecting the uncertainty of the funding situation. A shortfall of $7 million in other words only $4 million raised out of the $11 million is substantial. I do not know the strength of moelis to place the remainder of the shares and one would’ve thought $.21 is fairly hard to achieve given the current SP. There is pressure on HTG to receive this money reasonably quickly as they have 60 employees over in Perth and a majority of them are software engineers. Unless they are PhD employed the wages bill must be substantial plus ongoing R&D which means they don’t want to be left behind so the pressure is on. Unless revenue can jump very quickly which on past track record it seems to be moving upward fairly slowly and not enough to overcome a cash flow negative situation.we will see.
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Change
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Mkt cap ! $13.06M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86692 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 306446 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86692 | 0.016 |
1 | 200000 | 0.015 |
3 | 501000 | 0.014 |
1 | 1000000 | 0.013 |
2 | 1118933 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 306446 | 2 |
0.018 | 696896 | 2 |
0.019 | 383034 | 2 |
0.020 | 430456 | 2 |
0.023 | 27501 | 1 |
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