CR9 0.00% 2.0¢ corella resources ltd

Loon With the R&D monies coming in and as we found out this...

  1. 1,660 Posts.
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    Loon
    With the R&D monies coming in and as we found out this quarterly they are just about cash flow neutral, I don’t believe they will raise at this level or even need to at this stage
    We will be back up and over the 2 million in the back next quarter imo
    TMT is what is interesting now as yes, they help firms with capital raising, but also much more
    From the quarterly it more sounded as though they will be leveraging their IP to gain more funds or a possible partner for heading international with Mobileden
    In which case a raise for something like that would be a positive and only lead to more vertical growth
    This story could play out really nicely over the coming quarters and I am more just happy it seems that the company has got the business back under control after merging and listing
 
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