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Ann: Q4 FY21 Quarterly Activities Report (App 4C), page-8

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Slothster

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31/01/22

09:55

Post #: 59232843
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Originally posted by 521207126: ↑

I guess that's the reason they went with Nandan as CEO, burning 16m a quarter they are going to need someone with a lot of financial experience to appeal to investors to be able to attempt to raise a sum that would eclipse the market cap of the company, just to be able to keep it running for a few more years.

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Not sure where you got 16m per quarter, the report reads 7m burn with 3m, 29m in bank, that reads as 9 quarters of cash, correct me if I'm wrong

SPT Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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Ann: Q4 FY21 Quarterly Activities Report (App 4C), page-8

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