How much does that “big boy” cost, and how do you propose LKE pay for it.
As at 31 March 2020, cash at bank $2mil, of which $800k is borrowed from three sophisticated investors on a rolling 90 day line of credit (incurring interest and charges).
Estimated Qtrs of funding available = 1.53, so 4 weeks of cash remaining.
Things appear uncomfortably tight.
We are on the right page, page-18
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Last
5.2¢ |
Change
0.004(8.33%) |
Mkt cap ! $86.76M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 5.3¢ | 4.7¢ | $817.2K | 16.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 130178 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 3412424 | 12 |
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| Last trade - 13.54pm 14/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |