It’s looking very grim! 704k left at the end of quarter, so right now, another month of wages and admin costs and we are probably getting closer to 500k remaining. Another capital raising is imminent, has to be done by next quarterly anyway, per asx rules.
Hmm another CR around these levels is dilution to nothing and probably the final nail in the coffin. Get the legal teams ready, we can’t let these guys play us all like fools again!
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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