Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,580.06
(
0.22%
)
US TECH 100
29,506.00
(
0.28%
)
Dow Jones
51,032.46
(
0.72%
)
Brent Oil
91.36
(
0.00%
)
Bitcoin
73,629.27
(
-0.17%
)
News Focus
News Focus
Post# of 108195
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Bourbon_on_my_cornflakes

Send PM Follow Ignore
Followers 60
Posts 11411
Boards Moderated 0
Alias Born 01/31/2008

Bourbon_on_my_cornflakes

Re: oakrock post# 102937

Wednesday, 12/11/2019 8:00:27 PM

Wednesday, December 11, 2019 8:00:27 PM

Post# of 108195
they never take cash to zero...when at 6 months of cash left...they dilute

Exactly. It is plain dishonest to say they have cash to last to 2021 when they only had $40 million in July 2019 and a $30 million annual burn rate at the least.

But then this is the management that suggested they were knee deep in term sheet a year ago and no deals.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today