Make of it what you'd like but a quick scanning of the upcoming conferences where bio-techs are going to pitch their stuff to an audience of investors and potential partners - like the Biotech Showcase, The JP Morgan Healthcare Week, the BIO CEO & Investor Conference, etc, - shows Australian companies like ALA and RAD participating and even Alex Hoos as a speaker.....but no signs of IMU or LC....(which -given the cash at hand-one would reasonably assume she would attend...?). So with "a quarter full tank" of funds they're either "the most incompetent management on the ASX" or ....busy in finalising an alternative 'funding' arrangement??
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(20min delay)