I agree zmans. As at 30 June they had $3.6M which was assumed to be 1.7 Qtr of cash requirement. On 8 July they completed an at market raise of another $2.7M. I assume they will be due circa $1M in R&D tax credit by November. In total enough for another 1.7Qtr. Just under three and a half quarters of cash on hand or arriving soon as at 30 June. Assuming no significant incoming sales of changein expenditure I assume the company may attempt another capital raise aroundJan 25.
CPV, page-3354
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $105.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 42.0¢ | $202.4K | 469.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29671 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 6131 | 1 |
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| CPV (ASX) Chart |