Shareholders can't ignore the lack of published results.
Nor can they ignore published financials.
31 st Dec 2016 2.3 million in the bank,
Appendix 4C issued Jan 17 will spend 1.1 million in March 17 quarter.
If that spending level is maintained for the June 17 quarter then the money will be gone without IND reached.
Typically, small cap companies cut spending as funds dwindle, then executives feast on remaining cash.
Shareholders can't ignore the lack of published results. Nor can...
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Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $99.76M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 33.5¢ | $37.66K | 110.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11593 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 10344 | 1 |
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| Last trade - 11.46am 18/07/2025 (20 minute delay) ? |
| RCE (ASX) Chart |