Which means probably another CR at least before Christmas, probably next quarter....
And if the burn continued at these prices and needed to raise another 5 mil they would more than double the shares on issue. Halving peoples shares in dilution. Or they could just consol first. Will have same effect but easier to sell less shares in CR then.....
Cant see how they will stay afloat otherwise.
XPE Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
