If so, directors would lose all credibility as they just stated the cash will be enough for next 12 months.
"The ability of the Group to meet operating cash requirements for the next 12 months has been secured by an Entitlement Offer to shareholders raising a total of $2.0 million (as announced to ASX on 19 September 2019) which will be added to the existing cash on hand of $0.3 million at the year end. Beyond the next 12 months, the Group expects cash flows being generated from the successful execution of the TALi commercialisation strategy and development opportunities will support the cash position of the Company. "
NHL Charts, page-30
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