Yeah but at least they raised that $20m in May plus the SPP. So they are sitting on $40m with a burn rate of $3mpq - about 3.5 years of cash.
They are in the minority. I try to keep track of the burn rates of around 100 bios. I'm about 1/4 of the way through for this quarter. IPD is a standout. Many others are under a year of cash or rising already.
At least here you will live to fight again.
Good luck as always.
Yeah but at least they raised that $20m in May plus the SPP. So...
Add IPD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $161.8M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.2¢ | 8.0¢ | $104.8K | 1.309M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 166577 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.1¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.1¢ |
Change
0.000 ( 1.25 %) |
||||
| Open | High | Low | Volume | ||
| 8.0¢ | 8.1¢ | 8.0¢ | 135749 | ||
| Last updated 12.21pm 03/05/2024 ? | |||||
| IPD (ASX) Chart |