I can't see how they last 2.7 quarters before needing more cash.
I was expecting a higher cash burn, based on the 1/2 yearly's current liabilities.So I expect that is still to fully wash through the cash at bank.
Scottm is also making an assumption, that all the one off costs last quarter have been paid. Which is fraught with danger along with that they are all one offs.
Then as per the cap raise document they have budgeted for significant one off cost this quarter.
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3.6¢ |
Change
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Mkt cap ! $100.8M | |||
| Open | High | Low | Value | Volume |
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| EQR (ASX) Chart |