- Survived for the last 5 years? They survived exclusively on capital raises
- The reason they are still around is based on hype and flashy investor presentations
- The company is a 'promise' style scam. We promise one day we'll be profitable, money went down, but LOOK! More customers!!! WOW!
- They are burning through cash at an alarming rate
- Without interest in their future cap raises (take the last one for example) - the company is screwed in the very short term. 2024 suggestions defy all basic math
- Printing more shares at this point would dilute the hell out of the poor shareholders and their meagre scraps now
- It's now basically a penny stock - might as well go buy some mineral exploration companies. They make awesome flashy presentations about big finds, then print and dump millions of shares on the market. But there's a market for it. Australians are oblivious to dilution.
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Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104211 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 50000 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |