Ann: Appendix 4C - quarterly, page-2

  1. 1,090 Posts.
    lightbulb Created with Sketch. 25
    Disappointing to see no quarter on quarter revenue growth, especially given last quarter was supposed to be an aberration with Chinese approvals delayed and Chinese New Year dampening sales.

    I still think this is a great long term story, but for now 15c seems to be a fair price. Take away the R&D grant and cash burn was -$400k, with only $500k in the bank. If revenue doesn't pick up quickly another cap raising will be required in the near future.
 
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