"AS for the non believers who keep on about MSB running out of cash , my thoughts are you have no idea about this company,"
The only idea one needs to have is one of rudimentary maths. So unless you are thinking about re-writing the laws of arithmetic, then absent some hitherto undefined event capital consumption at the rate of $30m every three months, today's cash balance of $135m is depleted in a little over 4 quarters' time.
So, instead of the desperate resort of dismissing my opinion by getting personal, can you explain to all what alternative source of capital will arise that will obviate the need to issue new equity over the next 12 months?
Timeframe for 2015, page-29
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Last
$1.13 |
Change
0.035(3.21%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.13 | $1.07 | $3.910M | 3.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27197 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 43578 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |