CDX 3.33% 5.8¢ cardiex limited

Ive done my best, this is what I get.Between them theyve take...

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    Ive done my best, this is what I get.
    Between them theyve take out $4.16m and been issued a similar amount in shares as bonuses.
    If we accept the funding agreement, they'll have injected around $17.6m between them in return for shares.
    They are running at a net combined loss of around $8.19m currently. I know it is alot more complicated than this, given they would retain a 38% interest in the company, so at 6c this is worth around $6.5m to them.

    They definitely have sweatier armpits over this no matter how you cut ithttps://hotcopper.com.au/data/attachments/6131/6131695-5fd12a625a8c9e2a9b23261edfda3a1a.jpg


 
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