It just shows the dire straits YPB is in over funding and having enough money to pay their bills when they treat a $33,075 share sale as a price sensitive announcement.
It represents about 5 days of cash burn, and so far, they have only enough funds to get through2 months of this quarter.
This share sale didn't even cover the $35,000 cost YPB paid to Nexia Australia to report on the impact of the payback of JFHH's loans via a 1.5b new share issue.
It just shows the dire straits YPB is in over funding and having...
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