Share price and market depth gives you a fair idea of what most...

Share price and market depth gives you a fair idea of what most think regarding the chances of shorter-term success. Last quarterly they had $1.2mill the kitty and expected expenditure for the quarter of $719K. Taking into account receipts, that's another $500K cashburn so by end of June (in 1 month) they might have $700K left in the kitty. I think investors are dreaming if they don't think another imminent placement is not on the cards. Another reason the share price ain't going anywhere. At current marketcap a $1mill raise is another 25% dilution.