VCR ventracor limited

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  1. Blue Thunder
    90 Posts.
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    27/08/08
    09:50
    Post #: 4199038
    Given they have already advised revenue in excess of $19M and the inventory is going to be capitalised, I put the FY loss at $18M - $20M (6.0c - 6.7c per share).

    The muting of capital raising is interesting because they still had $18M of cash at 30 June. Why now?

    Good news has to be close with the DTT trial although I noted implants dropped off in August.

    Cap raising through shares is suicide at the current SP, so what is going on?
    VCR Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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