Expecting something this week in keeping with the expectations set by the company.
A quick read of the 4C tells me they have about 18months cash runway max. Time to pull out that rabbit folks!
Assuming an A$1.5m per quarter burn and a A$2m R&D rebate. Also assuming they will not exhaust their cash reserves prior to doing a raise.
Ann: Appendix 4C - quarterly-PYC.AX, page-3
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