AHI 0.00% 9.2¢ advanced health intelligence ltd

General Discussion, page-339

  1. 505 Posts.
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    Based on $4.8m at bank and 18 months at $330k full burn. They might need a couple mil to comply. But they also have revenue with Nexus Vita and others that may be accepted as additional cover on the cash requirement.

    This $2m accounts for the costs to still be undertaken with the NASDAQ IPO

    But he did say that they will not raise capital via ASX / Australia anymore, and future raises will be done via Nasdaq where tech companies are much more welcomed and there is a lot more liquidity in investments.
 
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