We are fully funded for the rest of this trial - until CY2025. I can't see a capital raise in CY2024 unless there is a BIG announcement which requires funds coming out.
Once funds drop to two quarters (or so) runoff - that is when the next raise will be in PER's sights.
We used $1.8m in the last quarter but this will increase as we have more to do:
- trials in full swing
- trial data to be analysed
- ??
This from the latest update...
- December quarter with a cash balance of $17.2 million, versus $19.0 million at the end of the previous quarter.
- Based on a forward-looking cashflow forecast, the Company projects cash runway into CY2025.
As for the action today? Is the latest interest a result of the roadshows? Anyone got reports of the number of people attending? Anticipated full recruitment announcement or some other announcement that is out of the blue??
I know I would have loved to go just to see if I could work out who are the posters in HC hahah
We are fully funded for the rest of this trial - until CY2025. I...
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