SMX 1.37% 37.0¢ security matters limited

only word of caution from me is that the new hires will add to...

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  1. 438 Posts.
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    only word of caution from me is that the new hires will add to baseline costs. The cash burn rate per last 4C will increase a bit, towards end of the June quarter it could start to get a little tighter in terms of cash position.

    I would not rule out a small capital raising towards end April, but I have no real concerns given that IPO investors have made 200% and are likely to continue to hold (this is a strategic investment for sure), so are also likely to contribute to the CR, we should see some cash inflows in Q3 and Q4.
 
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