Ann: Appendix 4C - Quarter ended 31 December 2019, page-7

  1. 1,191 Posts.
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    Still no signs of any substantial change in cash burn each 1/4. They really only have 1 more 1/4 to pull rabbit out of the hat before another cap raise considering salaries are so high and there would need to be a cash buffer. Might explain why management took shares in lieu of pay recently. Lets hope for Private Payers very soon, it really is the companies last chance. Otherwise will be under 10c soon. Not much to like at present.
    Last edited by kpt3891: 22/01/20
 
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