Not a bad little article regarding AnteoTech's cash runway jimb7. The following paragraph gives a bit of comfort should we need to raise cash:
"Since it has a market capitalisation of AU$46m, AnteoTech's AU$2.4m in cash burn equates to about 5.2% of its market value. That's a low proportion, so we figure the company would be able to raise more cash to fund growth, with a little dilution, or even to simply borrow some money"
ADO Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
