RE: AVCT cashflow breakeven14 Aug 2021 10:33
https://twitter.com/MylesMcNulty/status/1425762414348414978
This is very good news if MM understanding correct .
"Myles McNulty
@MylesMcNulty·
12 Aug
Replying to
@Bishop5022
and
@avacta
My understanding is that #AVCT is just about to pass (or indeed maybe has already) the cashflow breakeven mark, at Group level - just from GAH's CURRENT output of ~2-3m per month.
@avacta
thus can fund another 2 (maybe 3) P1 trials without having to return to the market."
,,,,,,,,,
I'd this is true then its fantastic news. Does this mean Avacta re selling 2-3m a month?