Ann: Merger Presentation, page-429

New strategy in town: If you have less than 5 quarters of current expenditure then just try to get acquired. Should AVL have done the same?

and what is amazing is you say it with such conviction. What a joke

At the end of June Quarter:
Cashflow;
TMT had 16.464 million
AVL had 27.198 million (This included the 9.8 million in Govt Grant)
Without the grant AVL's cashflow would have been: 17.398 million

Burn Rate
TMT's burn rate was 0.641 million
AVL's burn rate was 2.257 million