Hi all,
23/11/2011 CEO AGM Presentation 2011 has all the facts in it about many question here.
http://www.asx.com.au/asxpdf/20111123/pdf/422qwf57qysmy9.pdf
Page 7 of the presentation says that on the (30th October 2011) TDX had $2.2million cash. Next it says under that on (30th November 2011) they have $1.1million cash, down the same page it says that they have a cash burn now of $25-$30k per month so I still think that TDX has over $1million cash now.
We also have the (Distribution Agreement for its TB Antibodies) and the (Bayer settlement) How many $$$ will they bring in? and I think their will be more of these agreements signed soon!
I am trying to read between the lines here and it is my opinion that the agreements signed so fare and the Bayer settlement could be quite big and could surprise to the upside.
I hope they save the cash and buy a project with it and run the two businesses under the same roof but that is just what I would like. Good luck everyone
Hi all,23/11/2011 CEO AGM Presentation 2011 has all the facts in...
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