@Calvo do you think there is any remote chance another CR is required in near term?
Based on the cash balance of US$20.5m at the end of Oct, AU$30m CR and US$32.1m at the end of year end, Appen net cash burn was about US$8-9m for the 2 months (Nov and Dec).
At this rate the cash balance now (mid-march) should be around US$18m, which should be enough in normal course.
But the big unknown is the Google contract termination, which could have near term negative cashflow impact that should burn cash at an increasing rate.
If the current cash is below US$10m the chance of another CR shouldn't be underestimated.
High Quality and Quantity A.I data is a bottleneck, page-56
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.44 |
Change
0.310(14.6%) |
Mkt cap ! $617.1M | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.49 | $2.13 | $33.32M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23004 | $2.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 47763 | 5 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |