PAA 2.63% 18.5¢ pharmaust limited

how far will this go?, page-40

  1. 5,192 Posts.
    lightbulb Created with Sketch. 1084
    Are you a love child for icx?
    kindly take your icx arguements to correct thread

    if you studied the quarterly and last 4c you should know
    1.Co is earning a decent revenue actually quite rare in the sector, which further indicates this Co is very undervalued imo
    2. Recent CR done of which additional amount underwritten by alto capital of $700k has not been reflected
    3. Similar amount of R&D grant not reflected
    4. Recent asx release of loan repayment finalised related to lab - this will be a significant saving in itself imo

    in conclusion taking into effect receipts and above i think Co should have around $2.5m in the bank end of june.
    happy to be corrected
    dyor bla bla

    imo whilst you can never predict CR the Co has adequate amount to see us through until Phase 2 results at the minimum - hopefully with excellent results this may initiate sum sort of corporate activity but we need to see results first




 
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