Ah, found the annual report, as at 30 June.... Correct, they state as at that time they had access to $49m and that adds up. Then take the -'ve $12m from the Sept quarter - add the $16m R&D refund and you get to $37m... or thereabouts. That's 3 quarters of funding, and rarely do ASX co's get below 6 mths. So, I come back around to my Q. Note: it's not a matter of whether we can get the funding. There are deep pockets on the register, it is a matter of dilution and whether we all get to participate. 10x or not, a 25% dilution of that is meaningful.....or at least I think it's meaningful enough to care and ask some simple questions.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14
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