Excellent News!7 Nov 2019 14:37
Validates IB tech, $2.75mill grant money will be used for this development, 2020 should be a very Strong year for IQAI, raised £775,000 post June 19 and had current assets of £400k at period end. Therefore no need to raise funds until 2021, loss to 6months 30th June 19 £140k.
Shareholders should take a 12-18 view and should be richly rewarded on sale of IQAI, TB in 70s, DS will be with IQAI 2 years next August so from this time next year we could see a sale, also lot of newsflow will also drive share price up as well.