But, @travelightor, what you've forgotten about - as mentioned by the company in its most recent Appendix 4C - is the cash inflow that is expected from the R&D Tax Incentive from the government, the royalty revenues out of Japan ($218k receipted last quarter), and... er... uh.. ah... Interest Income ($128k received last quarter)
Ann: Positive Nine Month RA Results For Mesoblast Cell Therapy, page-40
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