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0.00% 28.5¢ argent biopharma limited

Ann: Half Yearly Report and Accounts, page-4

  1. redgie321
    1,377 Posts.
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    28/02/17
    15:02
    Post #: 22976120
    Im not as confident re that as you are.

    3.1m burn rate, with 4.6m cash in bank but we havent even fully fired up any facilities yet and we can expect expenses to increase when we do so.

    Revenue needs to start coming through the door (whether through CBD oil sales, derma, etc.) otherwise a FY17 CR wont surprise me.

    IMO.
    MXC Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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