Are we there yet?
Every year around this time, I check in to see if the company is any closer to the point of self-sustaining commercialisation.
This time, it seems it is further away than ever because - forget about generating sufficient internal cash flow to fund the operating expenses of the business - it is now at the point where the company's cash income is unable to even cover the interest on the company's borrowings:
So, short answer to the question posed in the header: NO.
Maybe next year.
.
Self-Sustaining Commercialisation?
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Last
$1.13 |
Change
-0.045(3.83%) |
Mkt cap ! $1.290B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.12 | $12.16M | 10.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 50650 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 124897 | 8 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.045 ( 4.33 %) |
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| Open | High | Low | Volume | ||
| $1.17 | $1.17 | $1.12 | 1447014 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| MSB (ASX) Chart |