TRI 0.00% 2.5¢ trivarx ltd

Yes, great share! I note it is now on the website...

  1. 160 Posts.
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    Yes, great share!

    I note it is now on the website https://medibio.com.au/company-news/ dated today.

    I also note they have just listed the following jobs on Linkedin;
    - Principle Software Engineer, Platform
    - Project Manager
    - Software Engineer, Mobile
    - Product Marketing Manager

    With Senior PR Manager still showing.

    In respect to cash flow (from operating activities), ill leave this here for discussion;

    Q4FY17
    R&D (1,070,000)
    Marketing (28,000)
    Staffing (774,000)
    Admin & Corp (602,000)

    Q1FY18
    R&D (1,116,000)
    Marketing (35,000)
    Staffing (587,000)
    Admin & Corp (606,000)

    Q2FY18
    R&D (1,986,000)
    Marketing (374,000)
    Staffing (1,257,000)
    Admin & Corp (1,319,000)

    Q3FY18 (Budgeted)
    R&D (2,300,000)
    Marketing (300,000)
    Staffing (1,500,000)
    Admin & Corp (800,000)

    Material inflows for this calendar year includes R&D rebate which will be closer to $4M, any share options to be exercised, VC revenue.

    Outflows (at this stage)to be VC acquisition.

    I have no issue raising cash, it's just raising cash with SP sub $0.40c.

    @13th I don't think we will see any revenue from VA pre-FDA, Otsuka deal, on the other hand, might be a different story.

    Looking forward to management buying on market, hopefully once quarterly is released!

    Cheers
    Mr.G
 
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