Reality on the ground:- 6 quarters of cash remaining. - Cash...

  1. 654 Posts.
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    Reality on the ground:
    - 6 quarters of cash remaining.
    - Cash outflow accelerated over the past two quarters: from -3 to -5 and now -6. The rest is cheap talk
    - Can you find quarterly receipts in this report? I wonder why: Q1: 3.1 => Q2: 2.9 => Q3: 2.6. Here we go with growth. What a spectacular FFFF.
    - Operational numbers minimal: clinical data and the ridiculous accumulative tests (slide #15) are presented instead. The arrow in slide #15 insults the reader: you expected the accumulative number of tests to decline? I can smell duplicity, weakness, and hiding from where I am sitting (which is quite distant).
    For me, it's time to wear the big boys' pants, sell, and cut losses.


    Last edited by maxkieh: 30/04/24
 
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