ICQ icar asia limited
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More cash burn

  1. rogermht
    495 Posts.
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    07/03/17
    16:33
    Post #: 23161745
    A lot of announcements. But judging marketing spend and launching new product with cash inflow lagging. I would think it is more cash burn in the next half a year and another capital raising coming at year end. Burn rate now is 12 million a year.
    ICQ Price at posting: 29.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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