MEB 12.5% 0.9¢ medibio limited

Ann: Trading Halt, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 62 Posts.
    lightbulb Created with Sketch. 5

    Well said @skorpian.


    The confusion for me is that a CR can only cover ~ 3months burn. FDA is still another 6 months away and that isn’t revenue it’s a possible approval with no device and only a diagnostic aid.

    5-10k won’t generate revenue. There are a ton on the market. My guess between the lines is that the Corporate office will close. There are only two people left there. 

    It’ll  need a second raise before revenue IF there are no legal actions. 


    And before I’m taken down for being “negative” people who invest should consider if it’s going to be viable. 



 
watchlist Created with Sketch. Add MEB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.