I think the HY report reminded everyone of the cash rate burn.. some $4.2M for the 6 months with a net loss for the 6 months of $2.4M .
The biotech industry is a slow moving beast and fairly expensive to run, many investors hoping for a quick return will , imo , be likely to leave.
This company is one to hold on to , with a CR of $15M at 11c , they are funded for the foreseeable future.
I still think the company will not reach it's full potential for awhile yet.
The impatient will move on.
I think the HY report reminded everyone of the cash rate burn.....
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41.8¢ |
Change
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Mkt cap ! $752.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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