Pacific Edge looks to burn more than $15m this year; won’t need more capital
Pacific Edge expects sales from one or more very large customers will kick in before it runs out of cash. With special feature audio.
Jenny Ruth Mon, 30 May 2016
Pacific Edge [NZX: PEB] expects to burn through a similar level of cash this year as the $15.4 million it lost in the year ended March but it doesn’t expect to have to raise more capital before it breaks even.
The company, which makes non-invasive tests for diagnosing and monitoring bladder
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