The 3.8 quarters is misleading, it’s the equation of current balance by the previous quarterly outflow of $6.8m.
$26.2m by $6.8m = 3.8
But as we know the $7.3m RnD refund is not included otherwise our runway would calculate as 1.8 quarters left of cash.
Current quarter spend estimate is $7m - $10m, let’s go middle ground of $8.5m, that would leave $6.3m for each quarter of the remaining 2.8 quarters.
Basically what I’m saying is those forward quarterly estimates can be taken with a gain of salt as they are not actual forward cash projections.
I prefer to just go with the commentary, at the end of this quarter we should have $16m cash worst case if they keep to guidance.
- Forums
- ASX - By Stock
- PAR
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $101.4M |
Open | High | Low | Value | Volume |
29.5¢ | 30.0¢ | 29.0¢ | $40.16K | 137.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 66491 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 33118 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 56491 | 0.290 |
4 | 62455 | 0.285 |
2 | 50360 | 0.280 |
3 | 44999 | 0.275 |
5 | 42556 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 33118 | 1 |
0.305 | 50000 | 1 |
0.310 | 68600 | 2 |
0.315 | 38304 | 5 |
0.320 | 70187 | 4 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online