I just checked polynovos' half year report and they not cash flow positive.
$2m cash out flow from operations
$3.4m cash out flows from investing
They had $8m on hand - so at that cash burn rate that cash will last till say September where as Avita at their burn rate have enough for about 4yrs.
Just thought i would bring facts to the arguments. I have been looking at Avita. Yet to make a call whether to purchase or not.
Jump in Nowwwww., page-74
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