MEM 11.1% 1.0¢ memphasys limited.

Looking for a reason to buy myself but don't see it?...cash used...

  1. 4,453 Posts.
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    Looking for a reason to buy myself but don't see it?...cash used up and so are their loan funds... what.png

    8. Estimated cash available for future operating activities $A’000
    8.1 Net cash from / (used in) operating activities (item 1.9) (1,503)
    8.2 Cash and cash equivalents at quarter end (item 4.6) 436
    8.3 Unused finance facilities available at quarter end (item 7.5) -
    8.4 Total available funding (item 8.2 + item 8.3) 436
    8.5 Estimated quarters of funding available (item 8.4 divided by
    item 8.1) 0.29

    Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a
    figure for the estimated quarters of funding available must be included in item 8.5.
    8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions:
    8.6.1 Does the entity expect that it will continue to have the current level of net operating
    cash flows for the time being and, if not, why not?
    Answer: Yes.
    8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
    cash to fund its operations and, if so, what are those steps and how likely does it
    believe that they will be successful?
    Answer: Yes. The company is applying for a R&D loan - to be secured against the R&D Tax
    Rebate - to assist funding its operations during the June 2024 quarter. The
    Company has also commenced a process to secure funding partners for some of its
    R&D activities as well as an additional capital raising.

    Back down thru 007 but I don't see a CR... was there one @ 006 where I see some buyers?... what.png
 
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Mkt cap ! $13.82M
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1.0¢ 1.0¢ 1.0¢ $2K 200K

Buyers (Bids)

No. Vol. Price($)
4 2392219 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 800000 2
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