My understanding is that the production cost of PromarkerD falls to Sonic (in USA), and we PIQ essentially get an IP royalty. Of course there will be significant costs with getting the next product to market but a little down the track. Also if they were going to announce a CR this week there would have been some reference to it in their letter to the ASX requesting the halt.
PIQ Price at posting:
90.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)