UNS 0.00% 0.5¢ unilife corporation

are they broke?, page-3

  1. 1,247 Posts.
    They have an untapped 61 Million atm / equity line so a very short answer is no.

    Then there is Orbimed who lent them another 10 Million.

    Then there are all the milestone payments.

    Then there is the MS review.

    Then ...

    "Investors remain concerned over the balance sheet as Unilife has little cash on hand. The Company has engaged Morgan Stanley to secure more capital to fund operations until they turn cash flow positive, possibly in fiscal 2017. Based on our NPV analysis, the Company should have little difficulty in securing financing at terms attractive to current stockholders." -- Griffin Update as of Today.
 
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Currently unlisted public company.

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