Thanks atlunch I've mainly invested in the US and am still getting up to speed on the Australian filing codes. Though I'm still not sure how I missed "Appendix 4C - quarterly."
Looking more closely at the Dec half year I see $2.6M liability in relation to US warrants, so I'll add that back to cash for my future thinking. However, remember that the cash at the end of quarter of $7.4M excludes current liabilities which run at around $1M.
Still things seem better than I had thought and you may be right that they have enough cash to survive to the results come out in Q1. I still think they will be frantically trying to raise cash and with all other results being so positive cash is the only issue I can seem dragging the share price down.
Cheers
PBT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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