"They're burning 2.5 mill a quarter and have about 20 mill left."
They are even better than that. They went from the equivalent of $26.6m to $21.3m in 12 months, so only $5.3m burnt. Admittedly there's some option conversion proceeds in there, but that'll continue.
I'm expecting the next quarterly to show less than a million burnt. Not bad with 3 or 4 phase 2 trials running!
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Last
$14.57 |
Change
-0.040(0.27%) |
Mkt cap ! $1.813B | |||
| Open | High | Low | Value | Volume |
| $14.94 | $15.19 | $14.51 | $8.165M | 551.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2735 | $14.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.65 | 1396 | 1 |
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| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| NEU (ASX) Chart |