Whether it goes up or down in the short term depends on whether they do another cap raise to get any placement mates in ahead of the DFS
recent $1.5m-1.8m cash burn/qtr
$370k cash @ 31dec012
23/1/2012 4m op conv @A$0.02625 = A$100k
Plus GBP70,000 from director exercise ~A$108k
2/2/2012 57m 1p issue for ~A$840k
And projected 1Q outflow $640k(31dec2011 Qtly estimate)
=> 100+108+840+370-640=~A$778k at 31mar2012
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