so
Cash burn is back up to 3mil from <2mil.
13 mil left in the bank.
If we look at cash burn over the last 6 quarters
June 16 3.01mil
Mar 16 1.98mil
Dec 15 2.76mil
Sep 15 2.93mil
june 15 3.23mil
Mar 15 3.7mil
Its trending down but too slowly IMO.
ICQ has cash for another 4-5 quarters at this rate. Do people still believe they will reach profitablity in 2017 with cash in the bank?
Also who got wind of this result at the end of June? I know insider trading is a fact of life on the asx but it still doesn't instill confidence when you see a barn door case.
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