i noticed that and also that they are cashed up.
They received this in the December quarter as well as the $500k
less their estimated $600k quarterly spend
This left about $1m in the bank on December 31.
and going by their very watchful cash spend and previous raisings it look like they have cash until about May. Also worth noting that they only raise when they are down to around $100k!
So all in all they have an open road now for some big share price gains and a raising in say around March to April at between 5 and 10 cents.
Spike time, page-117
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $35.41K | 3.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5270349 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1062999 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| KRR (ASX) Chart |