IBX 0.00% 5.6¢ imagion biosystems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4

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    You need to be careful with that figure, it's very misleading.

    They received their annual R&D rebate of $2.5m this quarter. And they stated they expect expenditure to stay at this level or higher.

    So mimimum $3m cash burn per quater for the rest of the year.

    Estimated quarters of funding remaing: 1.5
 
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