BLT 0.00% 2.6¢ benitec biopharma limited

china buying into genome sequencing, page-33

  1. 946 Posts.
    Obviously you have not read the Preliminary Annual Report of the company Coolstocks. Grant Thornton the companies auditors noted that there was Material uncertainty regarding continuation as a going concern.

    So with $3.7m of cash after short term liabilities and that was in June, a burn rate of approx $4m a year, these guys have until about Xmas before the lights have to be snuffed.

    Good luck, hope you are right that the new sales guy is as you call him, a guru, he will need to be.
 
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