Their last quarterly report in March 2019 shows they have 4mill in cash, and they estimated that the next (current) quarter they would chew up 1.6mill of that. That leaves them with 2.4mill at the start of July if their outgoing estimates are accurate. Probably safe to assume outgoings for the next quarter will be similar so by the end of the July-September quarter they'll only have 0.8mill.
Unless the revenue from all these recent distribution deals start rolling in heavily (which off past experience with this mob they will take their sweet time to get into gear after signing the agreements for anything to start showing) they absolutely will need to do a CR in the near future.
Worth considering for all holders that their holdings will become diluted and be worth less.
- Forums
- ASX - By Stock
- When does the company cr?
Their last quarterly report in March 2019 shows they have 4mill...
-
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
-0.045(8.18%) |
Mkt cap ! $24.44M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 50.0¢ | $276 | 550 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 155 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.505 |
1 | 1000 | 0.470 |
1 | 25000 | 0.400 |
1 | 1000 | 0.360 |
1 | 2000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 155 | 2 |
0.550 | 3172 | 3 |
0.570 | 9955 | 2 |
0.575 | 650 | 1 |
0.590 | 2000 | 1 |
Last trade - 13.29pm 07/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
RGT (ASX) Chart |