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Ann: Appendix 4C - Quarterly - 31 March 2021, page-2

  1. Holdtight
    2,843 Posts.
    lightbulb Created with Sketch. 1936
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    28/04/21
    09:41
    Post #: 52771530
    $45m market cap.
    $12m in cash or term deposits. Therefore $33m EV.
    $1.2m burn to achieve these results is fantastic.

    Well done team. Keep pushing forward to human trials in q1 2022....Only 9 months away.

    IMHO, the EV will be multiple times higher than here. Extremely limited downside from here and no need to CR.
    PAB Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch. 4  Great analysis
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