Man, I hate when people make me do my own research. Might need to sell some financial assets, but they should be fine for a while.
"The cash flow statement shows that cash and cash equivalents at year ended 30 June 2015 were $2,522,626 (2014: $2,738,997). In addition to this amount the Group also holds $3,597,675 (2014: $4,349,657) of financial assets at fair value, giving the Group access to $6,120,701 (2014: $7,860,395) of cash."
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"Sydney, Australia, 27 November 2015. OncoSil Medical Ltd (ASX: OSL) (OncoSil Medical, the Company) advises today that is has received a refund from the Australian Taxation Office of $1,535,444 following the lodgement of the 2014/15 financial year tax return. The cash rebate is related to expenditure on eligible Australian and international R & D activities conducted during the 2014/15 financial year."
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OSL Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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