R&D was always going to be expensive which they are coming towards the end of. Cash burn has to be expected and there is probably no reason for a cap raise at this point as debts and invoices are being paid. Depends on the size of the deal. At 20/25m mc a deal of similar size would double the share price. The deal would have to be that kind of money over 1/2 years.
R&D was always going to be expensive which they are coming...
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.54M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 8.0¢ | $8K | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 15500 | 1 |
View Market Depth
| Last trade - 10.10am 27/05/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.0¢ | 8.0¢ | 2300 | ||
| Last updated 10.09am 27/05/2024 ? | |||||
| SOP (ASX) Chart |