Cash burn approx $725K per quarter. All being equal, should have enough to take company through to end of first quarter 2020 F.Y.
Fat cheque for R&D due after lodgement of tax return (Oct ?)
Pitt Street just had to fill in a gap to arrive at a valuation, so they just would have used current share price to cover their R's
(.019 less 20% discount). Omitting the time frame for when the $7.5M was required was seriously lacking.
Lots of water to pass under bridge through this period.
Cash burn approx $725K per quarter. All being equal, should have...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.77M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $72.51K | 3.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2789367 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1767271 | 10 |
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| Last trade - 14.45pm 22/11/2024 (20 minute delay) ? |
| ADO (ASX) Chart |
