Yes spot on. This is the point that some people dont scroll down to. They just see recent ocf and start selling.
The question is can they sustain 460k quarterly outflow going forward then this is it. We need to keep in mind the 460k includes 200k research injection.
Anyway if they can increase cash inflows to 300k then 450k should give nvo 2 years without capital raise need. But Q2’18 saw 900k inflows hence there is a high chance it can be repeated and provide decent cash on hand boost. They sound confident the sales are getting traction after the deveopment stage. IMO the focus on sales now should translate into some satisfactory result.
If company starts breaking even quarterly cash flow wise then the share price will explode.
If....
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