BTA 0.00% 57.0¢ biota holdings limited

abobo - where is the excessive cash burn, page-11

  1. 2,630 Posts.
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    abobo,

    Take a quick look at the balance sheet. 1 July showed trade creditors of $12.023m - reducing to $1.885m at 31 Dec - that's a cash outflow of $10,138m in this half that related to the previous period - or $1.69m per month.
    Makes your $2m a month outflow manageable.

    qed
 
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