On another note cashburn and cash on hand is looking really good, and the incentive cheque is just around the corner!
I can see the cash on hand Position staying relatively stable or even improving further for the remainder of 2021, considering option conversions for the approx 80,000,000 IBXO is likely to bring in an additional 4 million by November.
No CR in the foreseeable future IMO.
Challenging times for some holders it seems and obviously patience is in short supply.
But for me it’s a good time to free ourselves of a few of the traders/weaklings, before we continue on.
We will enrol and eventually get a result, I look forward to that day.
Good luck all and well done to the buyers scooping up shares/oppies at these levels, the oa’s are looking particularly juicy!
Creep
IBX Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
