ISN isonea limited
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Ann: Appendix 4C - 2nd quarter and Investor updat, page-40

  1. makattack
    34,916 Posts.
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    02/02/12
    13:09
    Post #: 9634306
    re: Ann: Appendix 4C - 2nd quarter and Invest... xenith I think you're calcs are a little flawed. Look at the previous quarter. at end of September they only had $165K cash left. So in December quarter they obviously delved into their bank loan facility (they have a $10mill facility). They raised money because they had NO CHOICE. They were out of cash. They spent $1.5mill in a quarter, not 2 weeks.
    ISN Price at posting: 12.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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