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I don't think there will be a CR this year....in the query reply...

  1. gavo
    517 Posts.
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    14/05/15
    17:51
    Post #: 15281738
    I don't think there will be a CR this year....in the query reply to ASX they advised that the expenditure had a number of one offs and is reducing with core cash burn stable. Also they have approx $500k worth of inventories and will receive approx $1m R & D refund in October.
    ALT Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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