ACW actinogen medical limited
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Read it again.It says funded to late CY2025 subject to the SP...

  1. IndexInvestor
    9,048 Posts.
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    18/08/24
    03:28
    Post #: 75254670
    Read it again.

    It says funded to late CY2025 subject to the SP remaining strong (so that options continue to be converted early).

    ========================

    As at 30 June, there was $9m cash. Plus R&D rebate due of about $7m. Total $16m

    The AD trial is more expensive than the MDD trial. Spending on the AD trial plus staff costs will be about $4m per quarter.

    The SP hasn't remained strong. If it doesn't recover to over 3.75c, nobody will be exercising options at all, let alone doing it early.

    Without any revenue from options exercise, ACW is funded to about June 2025.
    ACW Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.1¢ 		Change
0.002(10.5%) 		Mkt cap ! $66.72M
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