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Friday, June 02, 2017 3:44:40 PM
You saw it with your own eyes, IPCI said cash enough till June, then changed to July, and now it's enough till September. That's telling you they are also expecting delays in revenue and they are either cutting back on spending or selling more ATM. No body can be certain things won't go wrong and IPCI ended up running out of money before new revenue comes in. They are cutting it too close and investors don't like tha
June, July, Then September. Last time I checked that's the window lengthening not shortening
That says either they're having cash coming in or cost are being cut. That doesn't mean delays in revenue. What it likely means if anything is that the cost + cheques for manufacturing might of started to come in increasing cash. Or increased payments from PAR. It clearly means cash is not an issue. How can the time for cash NOT being required being extended be spun into a negative?
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