Technically, they have enough cash to get them through this financial year - maybe not to the end of the year - just depends on the burn rate - the analysis will still have to be paid for.
Remember that they didn't say anything about running out of cash before the hurried CR last year - they were down to fumes.
BIT is not that good at communicating financial information.
BIT036- a likely candidate for curing COVID-19, page-1858
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Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $51.43M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.6¢ | $13.16K | 233.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 420774 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 57500 | 2 |
View Market Depth
| Last trade - 15.13pm 15/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 6.0¢ | 5.6¢ | 133857 | ||
| Last updated 12.10pm 15/05/2024 ? | |||||
| BIT (ASX) Chart |