IPD impedimed limited
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Ann: Change of Director's Interest Notice - Mr Andrew Grant, page-18

  1. rlj
    557 Posts.
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    10/09/24
    11:21
    Post #: 75606269
    The CEO and CFO have reported on several occasions they see a "path to breakeven" with existing cash. With a $5m cash burn per quarter that means sales need to improve immediately.

    Therefore if they don't present good sales figures in this quarter they should be disposed of, as they had plenty of chance to definitively raise the funds required to get to breakeven at 8c, 7c, 6c, 5c and for some unknown reason chose not to (presumably because they see a material improvement in sales coming through).



    IPD Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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