BLT 0.00% 2.6¢ benitec biopharma limited

is it time to buy more or sell, page-22

  1. 215 Posts.
    PurpleX

    The figures you quote from Commsec etc are for 30th June.

    BLT raised funds ($9.7M) in the last quarter of 2013 and the current cash position as at Dec 31st (shown in their quarterly report released 31/1/14) was $5.17M, then there are I believe, unquoted options that could very soon be in the money and if converted would add to BLT's cash assets, bringing them in aggregate to a level sufficient to keep BLT afloat for perhaps another 12 to 18 months ?

    In my view a further raising is unlikely in the short term.
 
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