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Ann: Algae.Tec Funding and Operational Update, page-40

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  1. Surandy70
    6,736 Posts.
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    27/01/18
    13:39
    Post #: 30601600
    Given they had cash at bank of $1.9m at the end of September 2017 with debts of $3.4m and annual expenses of $6.7m in the 2016/17 financial year I am surprised that none of the funds raised in this placement were marked for working capital.
    AEB Price at posting: 4.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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