Hey Dorianx, according to the last reported figures (published at the time of WEB's latest cap raise a few weeks ago) they are burning through $5 million in cash per month and have 270 million cash or equivalents (e.g line of credit). The burn is much lower than anticipated – they were expecting double that. Those figures were only the running costs, and didn't account for debt repayment. So, it's a pretty long time before they run out of funds. Just how long depends on whether they make any acquisitions, pay back more debt, increase operating expenses and a raft of other unknowables.
You asked for it, show us $7 by 2021!!, page-174
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Last
$8.20 |
Change
-0.080(0.97%) |
Mkt cap ! $3.207B | |||
| Open | High | Low | Value | Volume |
| $8.35 | $8.37 | $8.15 | $11.06M | 1.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6880 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 7137 | 3 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| WEB (ASX) Chart |