+$941,000 cash on hand at 30/6/19 *Advance on R&D rebate of...

+$941,000 cash on hand at 30/6/19
*Advance on R&D rebate of +$248,750 paid to FYI on 28 June 2019 but received 1 July 2019.
Amount not included in cash at end of period.
+$250,000 R&D advance payment announced on 2.7.19
-$750,000 estimated outflows for current quarter
+$777,631 R&D received

Going by the above, the company should have $1,467,381 cash on hand around now but they have drawn -$549,000 from the R&D rebate of which they can draw down a further $551,000. Give or take, net balance of around $920,000


I just love how this is being managed at the moment. Absolute minimum dilution, Roly looking after shareholders interests and buying on market.