Not to sure if anyone has done any guessing on whether another Cap raising will be happening this year?
I've got some rough figures from previous ann's...
$17 mill in Dec 05 just before the last cap raising
$52 mill in Aug 06
$35 mill in Dec 06.
So we went through about $17 mill in about 5 months. So around $3 mill a month give or take. So I guess their current cash position might be around $23 million. At what level do they pull the pin and hit the market for more cash? Last time it was around $17 million, looking at these figures I really hope the implants pick up so we can get by, it's going to be close? Guess we might have to wait for the ann report to get the real picture...
- Forums
- ASX - By Stock
- VCR
- news
VCR
ventracor limited
news, page-23
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)