They are churning through the cash. more than $5m net last quarter, with $10m left they will need to do another "DIY raise" in Q3/Q4 or have a deal sorted by then.
Now I don't know hoe these things are paid, maybe the hospitals get paid up front and R&D will drop in the upcoming quarter. But I wouldn't bet on it. And in any event we know that similar outflows would be required in 2017 anyway.
Note on the chart: blue and red bars (spending) scale on the left, green line (cash at hand) scale on the right. Two quarters left. Deal by September. Or not.
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Last
$12.96 |
Change
-0.140(1.07%) |
Mkt cap ! $1.612B | |||
| Open | High | Low | Value | Volume |
| $13.20 | $13.36 | $12.82 | $4.627M | 354.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7585 | $12.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.03 | 3344 | 2 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |