Key takeaways:-
- Their cash burn rate has decreased, with a substantial expenditure tightening
- Signing contracts has taken longer than they expected, which is why they needed to raise capital
- They still expect to make a profit in 2018 once new contracts are secured
- Still in suspension due to pending announcement of "a significant strategic partnership"
The cap raise, and the nature of the "sophisticated investors" it's going to, is still a bitter pill to swallow. It could be made palatable depending on this partnership, even better if they have another contract to announce when they exit suspension. If they do indeed achieve profitability & look like actually getting a growing share of the anti-counterfeiting market, YPB would remain a buy in my book. But right now, that's just words - they need to deliver. So far, what they've actually delivered is a highly dilutive CR to weak holders.
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- Ann: December Quarter Appendix 4C and Commentary
Key takeaways:- - Their cash burn rate has decreased, with a...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.581M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $0 | 88 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1103393 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 14253414 | 24 |
View Market Depth
No. | Vol. | Price($) |
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3 | 1103393 | 0.002 |
41 | 109309064 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14253414 | 24 |
0.004 | 5071860 | 7 |
0.005 | 13098614 | 9 |
0.006 | 5152355 | 3 |
0.007 | 4250000 | 2 |
Last trade - 15.09pm 28/03/2024 (20 minute delay) ? |
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