OCC 2.04% 50.0¢ orthocell limited

Cash Position and required CR

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    From the last quarterly there was $3.24M left with forecast outgoings of $1.63M this quarter (~half of that already burnt).

    So, at the end of next month there will be less than $1.6M left which is not enough at current burn rates to last the next 3 months.

    To that end, there will be no cash left at the latest by the end of the next quarter.

    Historically, when are OCC likely to do the next CR which must happen before the end of next quarter otherwise there is no cash left?

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