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Ann: NOV: Sale of Reckon Ltd shares and Redemption of $10.5m Bond, page-6

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    Had $14.7m gross cash left ($3.6m not available as was security for the bond) and a bond paying almost 11% per annum for $10.5m.

    Last Q burned $3.46m. So had 3Q's left before would have needed to raise.
 
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