I hope you are right Cocoman but unfortunately I am not 100% sure. The cash burn on a quarterly basis is around $2-3m so the company had 3 quarters max left of cash (assuming no rebates etc). Raising now at least would be better than in another qtr. Hopefully this is the last raise!
Ann: Trading Halt, page-16
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34.0¢ |
Change
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Mkt cap ! $78.23M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | 34.5¢ |
Sellers (Offers)
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|---|---|---|
| 34.0¢ | 700 | 1 |
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