Ann: Healthzone announces completion of capital r, page-4

  1. 301 Posts.
    re: Ann: Healthzone announces completion of c... I don't understand what they have done with the $9m they just raised if they are now out of money. Looking at the last cash flow statement they weren't burning cash at that sort of rate. Also the very recent raising should have been enough to put the short term assets well in excess of the short term liabilities. Doesn't make a lot of sense. Sounds like the directors have some answering to do.
 
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