my opinion is a cap raise is going to show up with the half yearly; the Company will buy itself three more months of survival;
I kind of think there are some client/trading/services funds that will flow a bit better this Q and next; the last q was an odd low point of cash burn of 3.7 mill; they know they have to stop that; but the underlying cash burn, which has not changed for a couple years is 2.5 mill a q;
and one old interview I heard from a board member, said, re costs, they were about as low as they can be for an ASX company; reading between the lines, a private equity take over could happen, but I think a take over would not happen when the Company is not really looking good; private equity guys are more smart
so if they can cap raise 3 to 5 mill, they can see themselves out to the end of the year, and hopefully turn this beast around; but surely this a high risk play now, and I am an idiot (currently) for going all in over the last 18 months; alas, I made an error (maybe, maybe not); well, I surely made an error because if I waiting until NOW to invest, my average could be low 3s... that would be nice, but, alas, that is not the case...
I hope all you fellow punters dont lose your shirts; but you may be better than me, losing my shirt AND my pants... but I have divested a little since the Q announcement, so I can keep undies
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my opinion is a cap raise is going to show up with the half...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.21M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.6¢ | $24.66K | 945.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 315442 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 1463859 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 315442 | 0.026 |
10 | 1316132 | 0.025 |
1 | 1238229 | 0.024 |
1 | 40000 | 0.023 |
2 | 523000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 1463859 | 3 |
0.028 | 190000 | 1 |
0.029 | 77542 | 2 |
0.030 | 221800 | 1 |
0.031 | 309 | 1 |
Last trade - 15.59pm 24/06/2025 (20 minute delay) ? |
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