AND ansarada group limited
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Ann: Investor Update, page-8

  1. axInvestor007
    22 Posts.
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    29/01/21
    15:11
    Post #: 50547519
    They are burning ~$3.7m per quarter (see the quarterly report, the cash outflows from Operations is ~$2.3m; and cash outflows from Investing of 'IP' [which I suspect is capitalised R&D] of ~$1.4m).

    They may potentially need to raise capital again within 12 months...which is not a great outcome given they just raised $45m...
    AND Price at posting: $1.28 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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