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24/09/21
11:15
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Hi @jip123
Thanks for your comment, I just did some quick calcs
Based on the 30th June cash at bank balance of $9,123,617
Adding
The recent oppies conversions / share issues
Bank Balance w/o expenditure since 30/6 is approx $19.5 Mil
Adding NASDAQ IPO (Shareholder approved on 17th Sept) with a minimum raise of US $25M (AUD$34.25M)
Post - IPO adjusted Bank Balance could be AUD$53.84M
(Without current oppies due to expire on 30th Sept which could add another AUD$42M to the bank if they were all fully converted.)
Yes I think a lot of quarters expenditure well and truly covered!
Good luck @jip123 ![wink.png](https://hotcopper.com.au/images/smilies/wink.png)
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