CMB 1.20% 42.0¢ cambium bio limited

Any day now, page-4

  1. 507 Posts.
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    There may very well be an announcement soon, but it may not be want you/we want.

    RGS is very nearly out of cash again. The recent $1.6m milestone payment bought time until ~ July/Aug (assuming no other unforeseen corporate overheads/executive payments) with the current $880k per quarter spend - noting any CR would be 2- 3 months before exhausting cash.

    The recent milestone caught me by surprise, so fingers crossed something else out there other than the remaining directors loans - assuming they haven't expired/been withdrawn.
 
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