CMB cambium bio limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

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    Last month CMB raise $3 million on the basis of trials starting in April, 2025. Now a month later there stating mid 2025. Not a good look.

    Burning $1.5 mil a quarter. I assume approx $2 mil to come in from raise in March after meeting approval. They will need another raise shortly thereafter.

    The CEO is on a $ mil a year. Hope he knows what he is doing because so far it doesn't look like it.
 
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