CXZ 0.00% 2.7¢ connexion mobility ltd

Ann: Request for Trading Halt-CXZ.AX, page-8

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  1. 4,921 Posts.
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    cash burn is concerning, 60 staff now and given they just raised $2.5m (plus $1.5m R&D rebate) means they are burning a lot.

    On the bright side though, if you ignore the options the market cap is getting quite attractive
 
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