IIQ 2.65% 58.0¢ inoviq ltd

8.69 million in the bank with 830k spend this quarter......is...

  1. 16,203 Posts.
    lightbulb Created with Sketch. 3806
    8.69 million in the bank with 830k spend this quarter......is not 900k annually, just pointing it out.
    So far for the 6 months they have spent ~ 1.2 million.
    Interesting to compare the last 2 quarterlies.
    R&D spend up 176k from last q.
    Staff cost down 11k
    Admin + corporate costs up 69k.
    I like the R&D spend is ramping up not the admin costs so much but we do need the required experience to take this forward.
    One thing I am a little peeved at is what are they paying Prof. Cripps??
    I can find no mention of his pay.....anyone??
 
watchlist Created with Sketch. Add IIQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.