HMD 10.0% 2.2¢ heramed limited

September 30 the cash balance was $1.3M. They burn $1M a quarter...

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  1. 431 Posts.
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    September 30 the cash balance was $1.3M. They burn $1M a quarter so the cupboard is bare by the end of January. Two months cash left. December/January is a tough time to raise capital as most of the country is in holiday mode. When do they pull the trigger on a capital raising?
    Last edited by Kirpa: 29/11/23
 
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