I am still scratching my head as why they did not raise more when they did the acquisition raise. The cash burn inevitably going to fall quicker now they own more of the distribution process and revenues still rising so quickly, but jeez' they are cutting it fine.
Perhaps a partnership with upfront and milestone payments in the reckoning that investors are not privy to, that can allow them to be so casual about cash in the coffers, whilst they move towards positive cash flow....
Ann: Activities Update Qtr Ending December 2022 and Appendix 4C, page-2
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