LDX 0.00% 3.2¢ lumos diagnostics holdings limited

Ann: Lumos Announces Intention to Undertake Entitlement Offer, page-22

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  1. 11,379 Posts.
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    Do we have plenty of cash?

    We had US$6.5 at 30/6/2024 with operating cash burn of US$2.3m in the June quarter. If that cash burn is repeated in the September quarter then we could be down to US$4.2m and CLIA waiver applications are not cheap, I forget the costs involved but I'm sure Doug said it was much northward of US$1m.
 
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