TRI 0.00% 2.5¢ trivarx ltd

@CLT1 no need to be sorry! Yes, I know what you mean, with...

  1. 160 Posts.
    lightbulb Created with Sketch. 36
    @CLT1 no need to be sorry!

    Yes, I know what you mean, with current burn rate of $1M pcm and increasing and $16.6M in the bank we only have 12-15 months before we need to raise further cash.

    However, the cash inflows I can see in the coming 6 months months are;
    - R & D rebate (Q2 FY19)
    - income from Vital Conversations Corporate wellness program
    - Mental Health check-in post May (B2C)
    - Otsuka and other partnerships >$500k a pop and probably not upfront

    In regards to the story being stale I agree! I re-watched a few investor videos on youtube last night from Kris Knauer's days and boy, we are hearing the same things now... that said Jack definitely is more measured and doesn't over promise in comparison.

    Everyone should watch a couple of each straight after another.

    Cheers
    Mr.G
 
watchlist Created with Sketch. Add TRI (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.000(0.00%)
Mkt cap ! $10.24M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $4.635K 185.4K

Buyers (Bids)

No. Vol. Price($)
2 38118 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 126026 1
View Market Depth
Last trade - 12.16pm 28/06/2024 (20 minute delay) ?
TRI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.