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I don't think there will be a CR this year....in the query reply...

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gavo

517 Posts.

14/05/15

17:51

Post #: 15281738
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Originally posted by baanya ↑

This is all very obvious and understandable after the 4c report.. there will be another capital raising before the end of the year - cant get away from that fact! ...You will know its coming when management start releasing a lot of good news so as to pump the share price up so as to get more capital from the raising.. (all normal management practice).

Next quarter will be average results again as can not go from 98 units sold to a huge number in only 3 months... i think the only real chance the SP has of moving significantly short term will be early release of the clinical trial results....if they are great results ALT have a fighting chance... if they are average ... make sure your not the one left holding the hat while everyone runs for the door..

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I don't think there will be a CR this year....in the query reply to ASX they advised that the expenditure had a number of one offs and is reducing with core cash burn stable. Also they have approx $500k worth of inventories and will receive approx $1m R & D refund in October.

ALT Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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