$33.7m at end of December.+$11.7 received from 2023 R&D.+$20m...

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    $33.7m at end of December.
    https://hotcopper.com.au/data/attachments/6872/6872301-6ccda05296d7abc6ab8271019fa492b9.jpg


    +$11.7 received from 2023 R&D.

    https://hotcopper.com.au/data/attachments/6872/6872307-54eb583f9318d3fc9cdcc026d198887d.jpg


    +$20m received from Susquehanna.

    https://hotcopper.com.au/data/attachments/6872/6872311-97d1f2b0132d567b833c4851eb165be9.jpg

    = ~$65m excluding spend during quarter.

    Assume similar cash burn to Q2 (~$17m) = ~$48m

    2024 R&D forecast = + <$5m.

    https://hotcopper.com.au/data/attachments/6872/6872316-113c8bbec93b2c9ce9ca1ee78d6b1b29.jpg

    So IMU currently sitting on ~$53m - which is around 3 additional quarters of funding at current burn rate (i.e. through till Christmas).

    No chance of Susquehanna exercising warrants at this rate... Which means another Cap raise within 6 months.
 
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Last
1.3¢
Change
-0.001(3.85%)
Mkt cap ! $93.33M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $75.79K 5.965M

Buyers (Bids)

No. Vol. Price($)
68 14874494 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 7628741 33
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Last trade - 13.03pm 20/06/2025 (20 minute delay) ?
IMU (ASX) Chart
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