MEO 0.00% 0.0¢ meo australia limited

when would next capital raising be likely?, page-5

  1. 2,784 Posts.
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    In terms of money in the bank at 31 December, I put it at betweent $15m and $20m based on the following:

    Cash at 30 Sep +$48.4m
    Less expected spend for quarter -$34m
    SPP +$9.3m
    Capital raising +$10m
    Additional gurame testing cost -$15m

    Leaving $18.7m or 3c per share.
 
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