if you look at last qtr rpt we can see how much burning each qtr...

  1. 2,235 Posts.
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    if you look at last qtr rpt we can see how much burning each qtr
    there is no significant news or gowth in last few months or current
    last qtr they got aud 17mil
    burn is 5mil and this qtr might increase, so their cash balance might go down to aud 11 to 12mil - so that's why said SP has more room to move downwards
    if they are going like this, reckon they need CR soon..
 
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