Morningstar's assessment on the cash position from their last assessment 2 months ago:
"Avita is in a healthy financial position and held USD 66 million in cash and no debt as at Sept. 30, 2020. We forecast the company to report a loss of USD 28 million in fiscal 2021, reducing to USD 14 million in fiscal 2022, before positing a USD 5 million profit in fiscal 2023 alongside positive free cash flow. As such, we do not forecast it to require additional funding or experience any financial distress."
Ann: Preliminary Fiscal Second Quarter 2021 Results, page-8
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$2.76 |
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Mkt cap ! $187.9M | |||
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