Maybe a bit premature. But I am going to ask anyways. Any idea how long this $8.5m is meant to last. Will be interesting to see the cash burn of this company in the next few quarterly's.
No human trials for 2 years? No revenue sources. 2 years for human trials, if successful, then god knows how long till commercialisation??
All potential questions above are what is keeping me from buying it for a LT hold.
Not doubting the company, just asking some questions which I cant seem to find answers for.
The management seem A+ with all the experience in the world.
One thing I do find weird is as a major shareholder NOX. As they are also Small Cap company and in the same boat financially.
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1642 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 682527 | 2 |
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| Last trade - 14.40pm 31/07/2025 (20 minute delay) ? |
| NYR (ASX) Chart |
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