HTG harvest technology group ltd
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As at March 30 HTG had $7M in cash. Their cash burn rate is...

  1. Kirpa
    438 Posts.
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    29/06/22
    14:32
    Post #: 62274078
    As at March 30 HTG had $7M in cash. Their cash burn rate is around $3.6M a quarter so we can assume their cash balance will be around $3.5M as at June 30. They have possibly one quarter of cash left.
    Barring miracles, they will likely be out of cash sometime around September. Might be very ugly trying to raise capital again in this current climate.
    HTG Price at posting: 7.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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