Their cash flow went down about .5 million during the december...

Their cash flow went down about .5 million during the december qtr - but this included receiving 1.2 million in R&D grant - so really they are burnt about 1.7 million for the qtr.
They will be pretty much out of cash by end of june qtr, so will be doing a CR pretty soon i would suggest.

Management are an absolute disaster at the minute the way they have managed this, they better have some other plan to get cash then a CR or im voting every single thing down they put up at the next AGM, they are a joke.