You have made two quite substantial errors.
1) The $8.9m cash burn, has $5.12m of refurbishment costs which are now complete and so you cant include this in the next quarter's cost.
2) We also received $4.2m from the pref shareholder after this release and so have just over $10m
I really wish people would get the correct information together before posting
Running on fumes, page-5
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Last
$1.60 |
Change
0.040(2.56%) |
Mkt cap ! $412.4M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.61 | $1.52 | $789.1K | 500.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 17444 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |