CBL 0.00% 5.0¢ control bionics limited

Ann: Annual Report to shareholders, page-2

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    Has the feeling of being a long long road. Can't see any short-medium term catalysts that will have a significant financial impact.

    $6m loss and $6m cash flow burn per annum. They have $5m cash. That's only three quarters of funds and they won't be able to leave it that late.
    Two months of the year have already passed so I would expect a CR within the next few months.

 
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