I dont know where you get this burn rate from. We
Post# of 147658
(Total Views: 570)
Posted On: 04/07/2020 7:53:44 AM
Re: nmbr1stckpckr #25968
I dont know where you get this burn rate from. We had arround $5 Mio every month in the past.
To estimate the actual Cash, its wise to not just look at the last Q10 in Biotechs.
You missed the inflows from the warrants, and the $15 Mio. debt financing, which we had just last week. So its more like $20-$25Mio cash.
To compare mainly the financials and not the pipeline is an very interesting approach to Biotechs as well ...
all imo
To estimate the actual Cash, its wise to not just look at the last Q10 in Biotechs.
You missed the inflows from the warrants, and the $15 Mio. debt financing, which we had just last week. So its more like $20-$25Mio cash.
To compare mainly the financials and not the pipeline is an very interesting approach to Biotechs as well ...
all imo
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