ANQ 0.00% 0.3¢ anaeco limited

4c - Cash run out

  1. 1,942 Posts.
    How does this company survive the quarter with $400k of cash left and $500k of undrawn facility. They were burning in excess of $2m/qtr?
    Must be a capital raising imminently.
    Any thoughts as the 4c looks grim
 
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Currently unlisted public company.

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