AHI 0.00% 9.2¢ advanced health intelligence ltd

TINJOY HEALTH CUBE AND APP UPDATE [IMAGE INTENSIVE], page-25

  1. 1,099 Posts.
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    This comment isn’t correct.
    The recent 4c recently announced stipulates 1.44 quarters of funding available (on a best case scenario).
    AHI are solely relying on cashflow from their current agreements, which is extremely concerning considering they haven’t been able to meet an expected date with many other agreements on the table.
    Also when asked in the 4c regarding raising funds the answer is extremely ambiguous, I would interpret this like many other investors as a CR would be required.
    It would make no sense not too- AHI will need a considerable amount of capital to transfer to the Nasdaq & have capital to launch a campaign with many business influencers & institutional investors.
    To state otherwise regarding cashflow of half a year is extremely incorrect, your numbers would be on a best case scenario, looking at the last 6 it’s been 2-3x more than what you’ve stated.
    https://hotcopper.com.au/data/attachments/3493/3493578-3f6f2f0c73eabd7ccaa400c4a595164f.jpga
    Last edited by Tradingasx: 20/08/21
 
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