SHC sunshine heart, inc.
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Here's my basic figures - please scrutinise and inform me of any...

  1. truesouth
    279 Posts.
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    09/12/15
    22:31
    Post #: 16582243
    Here's my basic figures - please scrutinise and inform me of any errors:

    From last financial update - end 3Q
    $27.9m cash
    $18.2m used in 9mths = $2.02m/mth
    8mths cash = 8x2.02 = $16.16m
    $27.9 -$16.2 = $11.7m left to use after 30/9 to keep new loan covenant.
    $11.7m/$2.02m/mth = 5.79 mths => up till 24 Mar 2016.
    Last edited by truesouth: 09/12/15
    SHC Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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