Cash + investments at 10/31/16 were $152.1M. After adjusting for other working- capital items, the cash/investments balance at 10/31/16 was about $143M.
ADXS does not provide cash-burn guidance, but operating cash burn (excluding financing transactions) averaged $13.6M per quarter during FY2016.
*Ending date of FY2016.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.