The company in its' last quarterly report stated that it still had $0.097m in cash and $3.5m in drawdown facilities still available. Its cash burn rate is no where near that amount per quarter so I doubt very highly that they have run out of cash just yet. As soon as they release their half yearly report they should start trading again. Same thing happened to 1 of my other companies and its has since released its report and started trading again but who knows i could be wrong. So best to DYOR.
IMI Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
