just trying to have a stab at how much money the company has now its 30 June
at end of march quarter they had $1.6m (which included the $1.95m of funds raised) and since then approx $1.55m of options have been converted (I count about 26m oppies have been converted)
and say they spent similar amount this quarter to last quarter which was $1.2m, it would look like:
$1.6m + $1.55m - $1.2m = $1.95m as of today
anyone agree or disagree?
ILA Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
