IBX 0.00% 8.5¢ imagion biosystems limited

@Synergy12Cashflow is negative nearly $2m per quarter....

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    @Synergy12

    Cashflow is negative nearly $2m per quarter. There's no significant business revenue on the near horizon. At some point in the not too distant future they will need to tap investors for cash. The last CR was at 1c plus options - Bob copped a lot of critism at the time for his CR timing...I'm simply pointing out that the recent run up in the SP combined with IP is often the combination of events when small caps CR in these circumstances.

    So Im not having a childish tauntrum... just putting forward an opinion. And yes I agree the tech has excellent prospects but any business needs gas in the tank to run the show until revenues cover outgoings.
 
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