PIQ proteomics international laboratories ltd

Ann: Appendix 4C - June 2017 Quarterly Report, page-2

  1. 542 Posts.
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    Cash balance at june 30 is $1.245 m with a tax rebate of $750 k and expected cash
    outflows of $790 k .
    Also expected to be cash flow break even by the end 2nd quarter 2018 CY .
    If nothing else happens , ie Promarker deal , then a CR would be on the cards , but
    I suspect it will be a small raising to get them to mid 2018 .
    Cash flows from analytical dept are increasing allowing PIQ to leverage the cash to
    fund other projects .
    Been holding for a few months now and will be going in the bottom draw , as they
    say......glta
 
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