As nursery and boroboy have stated the cash is actually 947k (need to look at 5.1 figure in the quarterlies, not 5.4)
Also must remember of that 947k, 1- 2 weeks prior to 30th June the directors converted $566k worth of options between them. No doubt to improve the balance before the end of the year?
Either way, that 947k amount should see them progress to the following year without a CR, as the expenses are only 200k a quarter.
TAS/EDE relative values, page-806
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