Ann: Investor Presentation - August 2018, page-79

There will probably be no CR, at least in the near term. Below is an excerpt from the Appendix 4E - Preliminary Financial Report for the year ended 30 June 2018. Possibly early next year there will be a CR assuming there is no NRE cost charged against the partner (this is unlikely though). If we get a good strategic partner then I think there is a good possibility that there will be no more CRs in the foreseeable future.

The Group has incurred an operating loss after tax for the year ended 30 June 2018 of $4,301,869, (2017- Loss of $21,971,804 out of which $17,122,984 representing a share based payments for the cost of listing), reported a net working capital surplus of $3,402,537 (2017- $1,304,471) at that date and reported net cash outflows from operating activities of $3,454,282 (2017- $3,068,289). As at 30 June 2018 the Group had cash on hand of $3,356,748 (2017: $1,695,088).

The loss reflects the research and development activities of the group as well as administration costs. The Company, as is common with technology companies in the early development stage, will need to raise further capital. However it has sufficient cash to fund its mandatory obligations for a period of 12 months from the date of this report. Based on the above facts the directors’ consider the going concern basis of preparation to be appropriate.

Load up now before the strategic partner announcement comes as there is a good chance you may never see these prices again... ever..

All IMO