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clock Created with Sketch. 02/08/15
17:38
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Originally posted by jdiesel
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Unilife have been raising cash and not having it last. They can semi promise all they want, but they should know the uncertainly, more so than anyone. When there are delay, such as FDA or regulatory risk, delay in partnership or contract, delay in manufacturing and delay in cash receive; they should have enough cash on hand to withstand the hardship. This company continues to spent R&D when fund is tight and continues to hire more personnel. Sometime it define logic. It seem like they can spent their way out, but end up raising cash and harming current investors. Only the US government have the printing press to print the Benjamin, so their debt is sustainable. I see where company nearly fall apart, but end up coming back. Unilife can do the same, but that is not what the current shareholder want. They want Unilife to be on sound footing. Management is a quack when it come to finance, they would just duck the question.
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