You've got 3 months to wait until the next quarterly to find out if they've managed to get production to a level where they can stop the cash burn. Yes it could definitely halve in that time.
Then if they've only got a couple of million in the bank at the next quarterly it could easily halve again.
Can't see a buy out happening with the issue's still to be sorted.
Bailed at 4.7 cents won't look at it again until they're making a profit. See you all end of January.
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.845M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $600 | 150K |
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No. | Vol. | Price($) |
---|---|---|
49 | 47244960 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 28860891 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 44298423 | 0.003 |
32 | 49063145 | 0.002 |
13 | 26729950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 27860891 | 23 |
0.005 | 2199996 | 5 |
0.006 | 1835216 | 4 |
0.007 | 2906213 | 3 |
0.008 | 4500000 | 3 |
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