Even allowing for the impact of the R&D Tax Refund, cash burn has reduced from the previous quarter. Including the Tax refund net cash flows reduced by approx $2.85mill compared with just over $5mill in the previous quarter. We had about $25mill in the bank at the end of the March quarter and that doesnt include the grant money that will be refunded by the Fraunhoffer Institute. No debt either so the small capital raising in May is intended for starting trials on the additional cancers, raising PRRs profile and to take advantage of the recently announced $4.5 grant in Germany.
They are going to do a conference call on this quarterly and with good reason imo. The result is a good one in terms of expenditure.
cash burn slows- good to see
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.8¢ |
Change
-0.013(3.13%) |
Mkt cap ! $562.8M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.5¢ | $811.8K | 2.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 98744 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 231371 | 37 |
View Market Depth
| Last trade - 14.06pm 04/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |