CPH 0.00% 0.9¢ creso pharma limited

I cant beleive the fact that some holders still trying to pump...

  1. 283 Posts.
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    I cant beleive the fact that some holders still trying to pump this stock

    If you dont know how to read cash flow report, just check why they always release this great report friday night, instead of trading hours.

    Seems like they only have funds for one and half months (even with that borrowed money). So expect to do more capital raisings soon to fund operating costs(dont know how successful that would be).

    Here is the summary of their position

    4.1million loss in current quarter, only got means for next 0.45 quaters

    https://hotcopper.com.au/data/attachments/5237/5237609-22940ab8961eb59fac17419de5a2e76f.jpg

    Company is going to more cap raises just to find operating funds

    https://hotcopper.com.au/data/attachments/5237/5237617-6fbfcb41ef3734633a8cf0201103bc11.jpg

 
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Currently unlisted public company.

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