Thanks for Posting this iam, its useful for a non-financial background investor in Neon to see everything tabulated in one place.
Just to check, the last quarterly for Neon had $19,603,000 cash in the bank with expected burn of $3,181,000 for the quarter? (am i reading this correctly?). I would expect this burn rate to increase with lawyer fees etc involved in a merger and payouts to employees not moving over to the new head office in Melb, plus the cost of the recently announced seismic program. So the potential cash holding is quite reduced? also, companies never seem to be valued at their true cash holding and are usually discounted.
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