AVE 0.00% 0.3¢ avecho biotechnology limited

The auditors are flagging cash flow problems in the near term as...

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    The auditors are flagging cash flow problems in the near term as indicated below:
    "To meet the Group’s funding requirements as and when they fall due the Consolidated Entity will need to take appropriate steps, including a combination of:
    ● Raising capital by one of or a combination of the following: placement of shares, rights issue, share purchase plan, etc;
    ● Potential debt financing of the R&D tax incentive so the Group can receive the money in advance; and
    ● Defer certain R&D expenditure to the future to reduce the cash outflows."
    Kens
 
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