Thanks, Karicoum. My point re cash was that Dr.O., in her presentation, noted that the POH business plan expected the Company to become cash generative in 2014 - 3 years away. We know from the yearend figures plus the $7m raised that total cash pot available to fund that time, from 1/1/11, is $10million. From that they have to fund ongoing OXY development (total costs previously estimated at $30m total) and the Elixia launch and ongoing support.
On any definition that programme requires very careful cash management, with probably a bit of luck thrown in.
By 'cash strapped' I meant they can only have a very limited, tight resource for consumer launch & development.
- Forums
- ASX - By Stock
- AVE
- marketing is the key to poh growth
marketing is the key to poh growth, page-29
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.507M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 96190952 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 59101557 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
56 | 96190952 | 0.002 |
25 | 74500508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 59101557 | 17 |
0.004 | 21965915 | 18 |
0.005 | 22833333 | 10 |
0.006 | 20865067 | 11 |
0.007 | 7365221 | 8 |
Last trade - 16.12pm 07/08/2024 (20 minute delay) ? |
Featured News
AVE (ASX) Chart |
Day chart unavailable