Dear Crispy..
The $11m you state is at June 30.
They just raised a further $11.76m from placement and SPP.
Page 15 of the presentation has quarterly cash burn which adds up to approximately $8.6m total from now until June 30h 2024.
Also.. in the FY report released Friday, they have broken down the R&D spend. Page 34 shows $10.162m in R&D spend. R&D rebate is a max 43.5%.
With the excess cash and R&D rebate they could almost fund a small combo study in boys!!!
Dear Crispy.. The $11m you state is at June 30. They just raised...
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