AVE 25.0% 0.3¢ avecho biotechnology limited

Ann: June 2009 Half Yearly Appendix 4D and Financ, page-2

  1. 5,322 Posts.
    re: Ann: June 2009 Half Yearly Appendix 4D an... Post Share Purchase Plan we should have approx $18 Mill in the Bank. With a cash burn of approx $600k per month we have 2.5 years in the tank.

    I predict this should be be the company's last ever Cap raising. No more dilution and positive cash flows from Personal Care ( Total-E and Le Metier as a start) will ensure we can achieve our Pharmacutical commercial goals without the need for further external cap raisings. Not bad in these choppy times

    All good KC
 
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