Well, that's two pretty solid product launches and one that's still a bit hand-wavy (Endo).
Expenditure has averaged $2m/q for several years now, $3m is a bit high but comparable with Q3 and Q4 2022, not long after the Sonic deal when they were supposed to be heading to commercialisation then.
(In retrospect, a red flag with the Sonic deal was that, in return for only paying a royalty, there was no up front cash from them or a commitment to cover all the commercialisation costs.)
So 3m/q is a bit high but not unprecedented.
But it does mean that they've really only got until the end of 2025 to prove themselves.
Well, that's two pretty solid product launches and one that's...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $58.10M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 34.0¢ | $52.70K | 153.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6548 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 2035 | 1 |
View Market Depth
| Last trade - 15.25pm 04/08/2025 (20 minute delay) ? |
| PIQ (ASX) Chart |