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Ann: Axiron Net Sales for the Quarter to 31 March, page-39

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    re: Ann: Axiron Net Sales for the Quarter to ... Receivables. $36m, mainly $27m received in March quarter.

    $54m less dividends 12c/shares, $20m,

    Without taking normal net cash flow, still have cash on hand around $34m.
    I noticed they don't have to pay $10m tax as they still have over $30m accumulated losses.
 
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