ISN 9.09% 6.0¢ isonea limited

director purchasing, page-2

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    Next quarterly is due in a couple of weeks. Cashburn will be interesting. Had $3.7mill in kitty last quarter, $1.5mill cashburn last quarter. A similar cashburn (hopefully not higher) will leave them with $2.2mill as at end of March. Will be uncomfortably close at end of June with similar cashburn.

    Unless an up-front deal is announced in between I can't really see them avoiding another capital raising (hopefully the last) in 3rd calendar year quarter at the latest.
 
watchlist Created with Sketch. Add ISN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.