$45m market cap.
$12m in cash or term deposits. Therefore $33m EV.
$1.2m burn to achieve these results is fantastic.
Well done team. Keep pushing forward to human trials in q1 2022....Only 9 months away.
IMHO, the EV will be multiple times higher than here. Extremely limited downside from here and no need to CR.
Ann: Appendix 4C - Quarterly - 31 March 2021, page-2
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Mkt cap ! $14.40M | |||
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