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6.98% 4.6¢ lumos diagnostics holdings limited

Ann: Lumos Announces Intention to Undertake Entitlement Offer, page-22

  1. Surandy70
    11,129 Posts.
    lightbulb Created with Sketch. 1867
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    03/09/24
    22:00
    Post #: 75514275
    Do we have plenty of cash?

    We had US$6.5 at 30/6/2024 with operating cash burn of US$2.3m in the June quarter. If that cash burn is repeated in the September quarter then we could be down to US$4.2m and CLIA waiver applications are not cheap, I forget the costs involved but I'm sure Doug said it was much northward of US$1m.
    LDX Price at posting: 4.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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