I also don't get how they pull out that $6M will fund for the company for "atleast 2 years" ? when it's had a standard cash burn of $1.2M a quarter except on Q's with lab expansions where it increases which points to it being 5 quarters capital not "at least 2 years" ? Of course hopefully we will see some payments come through over the period but..... using cash burn 2 years would mean you'd need $10M to cover that 2 years right ? Income still remains hopeful but uncertain as we know last financial year came short of expectation with $600K in 2013 revenue VS $1.9M in 2012. So does it automatically make up that other 3Q's or just put in as expectation ?
I also don't get how they pull out that $6M will fund for the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.35 |
Change
-0.010(0.74%) |
Mkt cap ! $787.4M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.33 | $62.54K | 46.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4203 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 2950 | 1 |
View Market Depth
| Last trade - 12.33pm 21/07/2025 (20 minute delay) ? |
| PYC (ASX) Chart |