News Focus
News Focus
Followers 4
Posts 1608
Boards Moderated 0
Alias Born 09/07/2006

Re: doin1 post# 2771

Sunday, 06/05/2016 9:14:19 AM

Sunday, June 05, 2016 9:14:19 AM

Post# of 3128
Sorry but you are too optimistic on cash burn, unless yours is a 2017 forecast. As far as I remember, they estimated around 25-28M in the last CC for 2016, which would leave the Co. with little money at the end of the year, which means 7 months away. But this is a Co. that IMO should burn not more than 2.5M per quarter and margins on PCT sales (last quarter at 17%), are still too low, since they would need around 5 times these sales level IMO to make it viable with these margins %. Not only shareholders didn't get to know about the financial part of the deals, but more than that it wasn't even disclosed if the partnering companies will use PCT's services, especially AiVita. And since the info wasn't disclosed, why would someone think they were somehow favorable? The market didn't indeed think so at all, and the news had more or less no effect on the share price.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LSTA News