Present cash burn must be minimal. As far as can be determined from announcements, there are no current clinical programmes to be financed. I would expect very minimal expenses, just to keep the home fires burning. We have a quarterly report next month and no move yet for a cap raise, so I would not expect anything for at least anothe quarter. Surely that should give them time to finalise something!
IVX Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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