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Sure but the R&D was received and covered 2/3rds of last qs...

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  1. TommyJR
    250 Posts.
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    31/10/18
    13:49
    Post #: 36333011
    Sure but the R&D was received and covered 2/3rds of last qs costs .. its annual so wont be seen again for 3 qs.. if cash burn is 750k and they have 1.25m banked it would need a huge influx of receipts (like 10x this q) .. I haven't looked at previous quarterlys but will do so 


    Also given it seems a cap raise is likely I'm not sure how in the money the options will be


    Dont get me wrong I'm not talking this down just seeing if someone has looked deeper at the numbers 

    3DP Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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