I am just going off $37m cash in the bank as of last FY. Their burn rate was $8m last half but that was because of deferred delivery of a material order and ramp up costs associated with setting up Aus sales team and Europe. With a little bit of sales growth from last half, I can't see them burning a lot more than that - infact at the last half yearly management did note that they expected operating cash flows to get better this half.
Any specific reason to make you think otherwise?
I am just going off $37m cash in the bank as of last FY. Their...
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