Andrew the only reason the cash burn in the quarter was so high is exactly the same reason they raised funds through the rights issue last year completed in October.
"The purpose of the Rights Issue is to ensure adequate funds are available to scale-up our drug discovery and screening capabilities in order to meet the needs of our expanding fee-for-service activities, given the growth of interest in access to Phylomer libraries."
Andrew the only reason the cash burn in the quarter was so high...
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $790.3M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.40 | $1.29 | $688.4K | 519.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 733 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 29100 | 3 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |