IIQ 1.75% 56.0¢ inoviq ltd

Ann: Appendix 4C and Quarterly Activities Report, page-5

  1. 241 Posts.
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    Not good is it. We had a healthy cash balance which we thought was going towards research and commercialisation. Now we're paying the wages of a company we absorbed. They did bring some cash with them, but what's been done to consolidate the 2 companies into 1 lean machine? Not much from what I can see.
    As for consolidation, their reasoning is odd. If they want to attract better investors, work on the technology and get that over the line. Do you think sophs and instos care if it's 2c or 80c? No, they would look at the current market cap and the potential growth, based on what we are doing and working towards... SP is irrelevant. IMO...
    I'm still upset about the SDX thing.... Only still a holder here in the hope we develop a simple blood test for many cancers and fingers crossed for a vaccine. That would be nice. Doesn't feel like the same company it was 2-3 years ago.
 
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