well it got some money from IPO, then another $25M placement last August at 55 cents.
Burnt RMB41 million last March quarter.
June quarter is an improvement of RMB7.7 million.
Current cash position is RMB34 mln, that is about $7.5m in cash left.
A bit hard to analyse its cashflow if one to scan through the last four quarters.
I feel there is potential another capital raising coming soon.
