SOV 0.00% 2.9¢ sovereign cloud holdings limited

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

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    Huge CR/Dilution coming, with cash flowing out at almost $5m per quarter, expect to raise an easy $35m+ to last the 8 quarters or 24 months as they state.

    "The Board is conscious that AUCloud’s current cash reserves may prove to be inadequate given the
    cash burn rates that are expected to prevail in the short term."

 
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