Cash position

  1. 252 Posts.
    I am new to this site. I have been watching this stock for a while as there appears to be some potential here, however it has seemed to struggle lately. Reading the latest cash position, I can only assume that a capital raising is highly likely in the short term (i.e. $10 million cash burn last year and 30 June 2015 cash position of a bit over $2 million)0 I also note they have maxed out a small loan facility ($1 million). For those with more experience in these types of speculative biotech's is this a valid assumption? Or am I missing something?
 
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(20min delay)
Last
10.0¢
Change
0.004(4.17%)
Mkt cap ! $8.541M
Open High Low Value Volume
9.7¢ 10.0¢ 9.6¢ $6.613K 66.75K

Buyers (Bids)

No. Vol. Price($)
1 75887 9.6¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 294638 3
View Market Depth
Last trade - 15.14pm 30/07/2025 (20 minute delay) ?
IVX (ASX) Chart
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