CPH
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0.00% 0.9¢ creso pharma limited

Ann: Quarterly Activities Report & Appendix 4C, page-14

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  1. jigjigwhip
    227 Posts.
    lightbulb Created with Sketch. 46
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    31/07/18
    10:26
    Post #: 34640250
    With what money do you think they're going to "launch" all these products with lol?... This is ugly no matter which way you look at it... Burning $2m a quarter, got $11m left, and committed $8.5m for the next 3 months? Leaves them with $500k in the next 6 months to "launch" their products and $7k in revenue.. Ouch
    CPH Price at posting: 63.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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