RE: Very good article about Genedrive RNR1 here…29 Feb 2024 17:54
Thanks for link.
My take is costs have ballooned but has a great product.
So if the cash burn is roughly £400,000 a month and 1.2m roughly in the accounts in November am I correct in thinking it needs cash!
Or will it have received cash from product. The cash burn seems ridiculously high but I’m sure I’m missing something and would like someone with more knowledge to give personal opinion.
Noticed it ticked up today so I guess some people taking bets on this. I just recall it being over £1.00 years ago so didn’t know why all the value had been wiped out.
Do people see a lasting revenue stream or what!