IBX 1.92% 5.3¢ imagion biosystems limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10

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  1. 27,826 Posts.
    lightbulb Created with Sketch. 3376
    Yep, agree. Look at the previous quarters estimate of quarters remaining.
    The tax rebate, is for the whole year...
    So maybe you can get a similar thing this time next year ?
    But it is not going to prevent the cash burn, in keeping with the norm.
    On that basis, i think a CR is around the corner.
    I am holding a residual position from the moonlight roller coaster we all went on, and will simply wait for the inevitable CR to add.
    All that said, they will need the funds whenever that be, to go for the US trial.

    This is still a Hold. The Blue sky is still there.
    Perhaps we can get the band back together after the CR and look forward to the next phase.
 
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