"They're burning 2.5 mill a quarter and have about 20 mill left."
They are even better than that. They went from the equivalent of $26.6m to $21.3m in 12 months, so only $5.3m burnt. Admittedly there's some option conversion proceeds in there, but that'll continue.
I'm expecting the next quarterly to show less than a million burnt. Not bad with 3 or 4 phase 2 trials running!
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Last
$15.38 |
Change
-0.010(0.06%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| $15.45 | $15.45 | $15.20 | $395.0K | 25.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54 | $15.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.39 | 420 | 3 |
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| Last trade - 10.10am 21/07/2025 (20 minute delay) ? |
| NEU (ASX) Chart |