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Metal Bank Limited (ASX:MBK)

ALERT: Price-sensitive ASX Announcement for MBK
Current share price for MBK : $0.011 -0.005 (-31.25%)+
Announcement
Release
4 May 2026 5:59PM
Price at Release
$0.016
Full Release
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Summary
Metal Bank Limited released a correction to its Quarterly Cash Flow Report for the quarter ended 31 March 2026. The original report, published on 29 April 2026, contained errors in section 1 and an irrelevant qualifying statement in section 5.5. The corrected report aligns the Net Cash used in operating activities with the correct figures and removes the unrelated statement. Key financial activities included net cash outflows from operations and investing activities, and a significant inflow from financing activities. The company had $1.391 million in cash and equivalents at the end of the quarter, and the estimated quarters of funding available are 2.4 quarters.
Key Points
  • Correction to Quarterly Cash Flow Report for the quarter ended 31 March 2026.
  • Original report contained errors in section 1 figures and an irrelevant statement in section 5.5.
  • Amended report corrects these errors.
  • Net cash from operations was a negative $164,000 for the current quarter.
  • Net cash from investing activities was a negative $418,000.
  • Net cash from financing activities was $2,627,000.
  • Cash and cash equivalents at end of the period were $1,391,000.
  • Estimated quarters of funding available are 2.4 quarters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.