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13:43
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Originally posted by Steini:
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Patience is required and that is not new. The problem is that at some stage $$$ paid through income or any kind of deals have to replace the CRs. We all know that the recent statements about the cash at hand will get IMU through to early / mid / end 2025 but that doesn't mean we won't have another CR before that time. Soon the cash balance will be sub $100m and I expect that to be the benchmark for IMU to raise again. While one on hand it is good to organise cash before it runs out it scares the hell out of some on the other hand as we have to expect PH to raise the same way as he has done in 2023.
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What’s a reasonable timeframe for an ASX CEO to publicly mention monetising products only to then not make an announcement to the market? Anyone across their ASIC law relating to this?
