The combined cash and financial assets balance at 31 October...

The combined cash and financial assets balance at 31 October 2016 was A$34.0m.

forecast cash burn.. $4.5m

	Column 1	Column 2	Column 3	Column 4
1	Estimated cash outflows for next quarter	$A’000
2	9.1	Research and development	(1,500)
3	9.2	Product manufacturing and operating costs
4	9.3	Advertising and marketing	(300)
5	9.4	Leased assets	(120)
6	9.5	Staff costs	(1,600)
7	9.6	Administration and corporate costs	(1,000)
8	9.7	Other (provide details if material)
9	9.8	Total estimated cash outflows	(4,520)
10

Shares on issue - 154,184,348

31m after two months burn rate @ 1.5 p/m

That gives a share price of 20c currently..

Rough figures without Walker being involved & the value of 1PG's assets as mentioned above.

Happy for someone to correct any of the above info..

I see this as undervalued @ current SP. What is 1PG as a business worth including assets?