Well, as you've asked so nicely, let's have a look, shall we......
Well, it looks like spending of the GVHD trial has started, doesn't it? When I say started, I mean, they have enrolled one candidate so far. Gee, it looks expensive.
Now this part is confusing. Maybe one of the shareholders of CYP can explain it to me....
Let's re-cap (ha ha ha):
A$9M in cash. That's A$. A$2.2M outflows for last quarter.......now those outflows wouldn't be on the increase, would they......? Then.....blah, blah, blah '4.0 quarters of funding available'......then 'However.....'.......then...........'this is not consistent.......'.....then.....'the company currently expects its cash runway to extend into the 2025-26 financial year'.
What.......?
4 quarters of funding? Runway to extend into the 2025-26 financial year?
The only thing I agree with here is: 'this is not consistent'. Either that or my abacus is broken.
There's no ASX rule that these reports and statements have to make sense.
Sounds expensive.
CYP Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
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