They had $1.95M as at 31 March 2016
They expected to spend $125k for the quarter
They've just raised $1.2M
$1.95 + $1.2 - 125k = $3M+
There is around $500k unaccounted for isn't there if they are stating $2.5M in cash ...
Happy to be corrected
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They had $1.95M as at 31 March 2016 They expected to spend $125k...
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